I have never had personal debt and never will. - Nassim Nicholas Taleb

It is a curse to have ideas that people understand only when it is too late.

Everyone seems to be making the mistake of ergodicity: The rich of 2015 are NOT necessarily those of 2000. In the U.S. 85% of the rich were not so in earlier periods. These static analyses by economists and psychologists are BS. I noted that only pple w get it.

I have no large desire to sacrifice much of my personal habits, intellectual pleasures, and personal standards in order to become a billionaire like Warren Buffett, and I certainly do not see point of becoming one if I were to adopt Spartan (even miserly) habits and live in my starter house.