There is plenty of advice on how to become rich, but very little on how to actually enjoy being rich. Accumulating wealth is taught, but enjoying wealth is neglected. The focus on accumulating wealth leads to a neglect of other aspects of life. Successful individuals have trained themselves to excel in their chosen field, but their social, recreational, and exploratory skills have atrophied. They become focused on conquering their vertical and neglect other areas of life. They forget how to socialize, meet new people, try new things, and think creatively. Reentering normal life becomes uncomfortable and painful, similar to starting a workout routine after a long break. It takes time and effort to rebuild the ability to enjoy life beyond work and success. It is a painful process for successful individuals to reintegrate into humanity and rediscover themselves. The atrophy of enjoying wealth is real and it takes persistence to build it back up. Like someone starting the gym after a break, successful rich people experience frustration, sweat, and pain when attempting to reenter normal life and enjoy their wealth.
Bill Perkins is a hedge fund manager, high stakes poker player, film producer and an author.
What if the true path to financial fulfilment doesn’t lie in saving every penny, but rather in spending it as effectively as you can? Delayed gratification in the extreme results in no gratification, and Bill's book Die With Zero is one of the best financial philosophies I've ever come across.
Expect to learn how to maximise your existence for positive life experiences, why you should give your kids their inheritance when they're 30, the most common errors people make about money, why it’s so hard for some of us to spend, the brilliant concept of ‘consumption smoothing’, what Sigmamode grindset-ers are getting wrong about work-life balance, how to plan your life in terms of seasons and much more...
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