indeed. I feel it's a lot more difficult to agree with the `SV elites` (az, pg, etc.) recently, wondering if I'm too old or they live in their own rdf.
There was a great comment on reddit once that calculated a $50,000 car costs about the same to Jay-Z as a tank of gas does to a median person. That’s a huge difference in perspective.
Someone like az, pg, etc probably sees higher daily variations in their stock portfolio than my annual salary. Imagine what life is like when $200k rounds down to “daily noise”?
For me, after lots of saving, those fluctuations are in the $300 range and even that changed my perspective and way of thinking. Very different feel than when I was starting out and having $300 felt like unimaginable wealth.
For comparison, a $500 unexpected expense would bankrupt 41% of americans.
It probably costs even less now given how much his wealth has grown