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Old 01-30-2021, 02:44 PM   #99
Spuds
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Quote:
Originally Posted by Captain Snooze View Post
Here we go off topic. Come along for the ride.
I have read that past a certain level of wealth money no longer becomes a utility to be used. It becomes a measure to compare one's position to another.
There isn't much difference in utility between $100 million and $200 million but the the person with $200 million can I say am positioned higher than my neighbour who only has $100 million. That is, it becomes a purely measure of status. I have read this why CEOs demand so much money; not for what the money could do for them but as a means to be compared to their peers.
Yachts are expensive man.
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