Jackpot
by Michael Mechanic · first published 2021
3mentions
2recommended by
3HN commenters
2021–2022first – last mentioned
67% recommend33% neutral
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…clarify your life goals to lift the fog, define where you want to take the boat before it bobs towards a storm. Good luck :) it's still a problem to solve but it's a good one to solve. Recommend reading "Jackpot" by Michael Mechanic, which talks about how the "jackpot moment" affects people.
on “Ask HN: 27, accidentally became wealthy, lost drive. What should I do?” ↗Recommend this book which documents the lives of the wealthy:- https://www.amazon.com/Jackpot-Super-Rich-Really-Live_and-We... In alot of ways it can actually be quite alienating. There is also /r/fatfire on Reddit where Ive seen people discuss their experiences with private jet ownership…
on “Ask HN: How to continue to be gracious about the good fortune of rich friends?” ↗You can't really tell from this post that he doesn't have enough to be what most people consider financially independent. Michael Mechanic, who wrote this book called Jackpot interviewed a lot of 100m+ rich wealthy people. He says that if you ask any of them how much money they need, they will consistently tell you they need about 1/3rd more than they have. It's a phenomena…
on “A Death-Aware Career Plan” ↗