Why is it responsibility to have a lot of money? It's more related to personal factors. If he wanted he could give away most of it, retire or find another job, etc.7Wannabe5 wrote: ↑Wed Feb 21, 2018 9:01 amI don't exactly grok why you guys want the responsibility of having to take care of more money than you need or want? I like my multi-millionaire friend who grew up as one of 13 kids on a farm and was unemployed and eating out of a dumpster at one point in his 20s, and I find him very interesting, but I don't envy him. I guess because he seems a little bit more like a 3 trick pony, than a Renaissance person. Most people find themselves more stuck due to impulsivity, but there are people who get stuck in compulsivity. My friend also checks his blood pressure about 1000X more often than the average human. Why is he worth nearly $100,000,00? In good part because he can't not try to turn a nickel into a dime. Of course, I think he is also motivated by the fact that the game does change somewhat at higher levels, so new curve to conquer there. Different strokes for different folks.
Regarding the other posts about Warren Buffett, those are all good points, but the OP's contention was that there was a problem with "the system" which I think can be rejected, or at least one can identify specific factors.