Sunday, August 05, 2007
Silicon Valley millionaires who don't feel rich.
(I don't usually link to NY Times articles because they require registration, but I thought this was sufficiently interesting to be worth passing along. It explores the lifestyle and psychologies of the "single digit millionaires", i.e., those worth < $10 million. Of course, to the extent that the cost of living is higher in the SF Bay area as opposed to, say, Kansas City, their concerns have some merit. To the extent that they are driven by a desire to "keep up with the Jones", then their problems are psychological. It does show that the key to happiness isn't necessarily more money but rather having an appropriately thought-out set of priorities, goals, and expectations, aka a proper "hierarchy of values".)
(I don't usually link to NY Times articles because they require registration, but I thought this was sufficiently interesting to be worth passing along. It explores the lifestyle and psychologies of the "single digit millionaires", i.e., those worth < $10 million. Of course, to the extent that the cost of living is higher in the SF Bay area as opposed to, say, Kansas City, their concerns have some merit. To the extent that they are driven by a desire to "keep up with the Jones", then their problems are psychological. It does show that the key to happiness isn't necessarily more money but rather having an appropriately thought-out set of priorities, goals, and expectations, aka a proper "hierarchy of values".)