Friday, July 24, 2015

Want to be rich? It helps if you’re a psychopath: Economist reveals common factors among the world’s wealthiest people

Sam Wilkin is an economist and has been studying the very rich for most of his working life. And he's not talking about ordinarily loaded here: 'A comfortable fortune that might afford a few homes in prime locations, an elite school for your children, a supercar, a modest entourage, a live-in nanny.'

I love the idea of a 'modest' entourage.

No, he's talking about 'a fortune of yachts and personal helicopters, of diamond-encrusted light fixtures, of stately homes and private islands, of your name emblazoned upon landmark buildings and a charitable foundation bravely tackling world issues'. A fortune that ensures your name will live for ever, even if you can't.

Suppose such a fortune was your goal. How would you acquire it? Wilkin seeks to answer this question by studying the relatively small number of people in history who have achieved this. And he finds a certain number of common factors.

Oddly enough, becoming an investment banker isn't one of them. I know a few bankers who are rich, and at least one who is obscenely rich (and obscenely pleased with himself about it, too) .... http://www.dailymail.co.uk