All the Money, None of the Satisfaction
20 hours ago
- #psychology
- #wealth
- #success
- Author dinners in NYC bring together authors to discuss concerns like AI's impact on writing and traditional vs. self-publishing.
- Many attendees are older, successful authors outside personal finance, highlighting the gap between selling thousands vs. millions of books.
- Wealthy authors exhibit cognitive dissonance by complaining about minor expenses like $15 beers despite their multi-million dollar earnings.
- Financial insecurity persists even among top 1% earners, showing wealth dissatisfaction is relative, not absolute.
- Ambition often stems from past trauma, as seen in figures like Michael Jordan, Lady Gaga, and Steve Jobs.
- Money is a surface-level motivator; deeper psychological drives fuel relentless pursuit of success beyond financial need.
- Behavioral aspects of money reveal a disconnect between wealth and satisfaction, despite living in the richest era in history.