In the controversial movie, The Social Network, which supposedly portrayed Mark Zuckerberg’s Facebook journey, Sean Parker’s character famously quipped –
“A million dollars isn’t cool. You know what’s cool? A billion dollars.”
It’s probably the most favourite problem that majority of the individuals in the world are trying to figure out i.e., how to get rich?
So let’s investigate this problem by using Charlie Munger’s most cherished mental model i.e., inverting the problems to solve them.
One of the ways to invert the question of “How to Get Rich?” is to ask, “Is getting rich worth it?”
Before you decide to skip this article thinking that it’s another one of those “money can’t buy happiness” rant, just stick with me for few more minutes and I promise that you won’t regret it.
In fact, this is a good opportunity to wear our curiosity hats and look at the hardships that tag along with large sums of money. Now given the fact that the author, yours truly, isn’t super rich (money wise at least) and likely never will be, is it justified for him to comment on the problems of the rich?
In my defence, all I have to say is that I never let my lack of first-hand experience with a topic stop me from speculating on it.
Maybe, like the proverbial fox and his sour grapes, I am deluding myself with a story that I never wanted what I will never be able to get. Or maybe I belong to the camp of those cash-poor intellectual types who want to prove to the world that rich people secretly live a miserable life.
I am not ruling out any of these possibilities where my subconscious is playing a game.