Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (22) |
Author: Bluehorseshoe   😊 😞
Number: of 21939 
Subject: Re: How Rich is Rich
Date: 03/07/24 12:45 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
someone younger might come up with his original sentence.

It happens to be one of my personal favorites. I hope Jim has had his first private jet ride in the last 10 years.

http://datahelper.com/mi/search.phtml?nofool=youBe...

“My observation is that there are only a few key points at which incremental
wealth lets you cross a line into a new level of actual happiness.

- The obvious steps: enough food, shelter, and have-to-be-paid-for health&safety things for you and your family:
The levels beyond which many studies say there is little correlation between wealth and happiness.
- The point at which you have enough money to give meaningful amounts away
- The point at which you can quit your day job if you like
- The point at which you always fly business class when you fly
- The point at which you can fly on private jets as a matter of course

There are no doubt other ones beyond those, but I have yet to have my first private jet ride.
One step at a time.

The list sounds crassly materialistic, but the real point is that I've spotted among
my acquaintances few tiers of wealth that turn more money into more happiness other than those.
Think of the millions of things that *aren't* on the list.

Jim”

Jeff
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Bluehorseshoe here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (22) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community