This business of piling up wealth is an easy business.

Easy, that is, compared with giving birth, or raising children, or pressing on a parent’s doorbell at midnight to tell them their child has died in an accident. If people can do this, you can certainly become rich. But remember this rule once you are rich and powerful, many people have accomplished far greater and harder things than you. Stay humble, stay polite. -How to get rich, p.118 Continue reading This business of piling up wealth is an easy business.

The key to experience pleasure

When we consume, we experience pleasure. As long as the things we consume are novel. But as we adapt, the novelty wears off and pleasure becomes comfort. This is called the hedonic treadmill or satisfaction treadmill. It’s a thrill to drive your new car for the first few weeks; after that, it’s just comfortable. It sure beats the old car, but it isn’t much of a kick. Faced with this inevitable disappointment, we can either be driven to pursue novelty. These new commodities will give us pleasure until repeated exposure. Expectations of having something new are not matched by reality, … Continue reading The key to experience pleasure