Richistan
by Robert L. Frank · first published 2007
7mentions
4recommended by
6HN commenters
2013–2026first – last mentioned
67% recommend33% neutral
"The rich have always been different from you and me, but Robert Frank's revealing and funny journey through "Richistan" entertainingly shows that they are truly another breed" -- from cover.
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…you the idea that you'll be at the top of the world if only you stick it out long enough, part of the elite that you presumably aren't yet (even if born there). I think banks are similar. (I later read Richistan, linked it with observations, and realized this "elite" was really just the lowest rung, the "employee" layer in the multi layered world of wealth; that these employees, if unable to ignore it, generally…
on “Reflections on Stress and Long Hours on Wall Street” ↗…profits and return on investment. There is a huge benefit in running non-profit just like for-profit organization. I would highly recommend reading chapter on "Performance Philantrophy" from the book Richistan: http://www.amazon.com/Richistan-Journey-Through-American-Wea...
on “YC Will Now Fund Nonprofits Too” ↗>Remember, they live literally in another world. One of my favorite sociology books is about rich people practically living in a different country, Richistan.
on “Executive wealth as a factor in return-to-office” ↗They have always been dumb. Richistan describes the pure unalloyed depravity the rich live in really well: https://www.goodreads.com/book/show/512029.Richistan People are just finally able to see how dumb they are I’ve seen this in action…
on “Marc Andreessen is wrong about introspection” ↗…different scenarios and b. the probability of each happening; to calculate the NPV and therefore desirability of the investment. Some of the more extreme characters from this world are documented in "Richistan" [1] and "The $12m stuffed shark" [2]. The common trait amongst the "nouveau riche" is that they are intensely focused and good at their work, not letting their fun permeate. If I had spare capital right…
on “The Lessons Google Ventures Learned from Secret” ↗"One of the most surprising discoveries for me in researching my book Richistan was that many of today’s rich didn’t do that well in school. In fact, many of them didn’t go to college — or if they did, they quickly dropped out." Does he go beyond Bill Gates, Mike Zuckerberg, Steve…
on “You Don’t Have to Be Smart to Be Rich” ↗Sounds like Richistan by Robert Frank
on “What it's like to staff the home of a billionaire” ↗