What is Bothness?
1. Two equals held together 2. Not everything
The Ascetic and the Billionaire
The Ascetic and the Billionaire
Here is an example of tension. In possession of a hundred thousand USD in net assets you might wear a USD 500 watch. In sequence, if you…possess ten million USD to your name you might wear a USD 50,000 watch. It could be a platinum Patek, for example. If you had ten billion USD, however, you might wear a USD 50 watch. ¶ Sound unbelievable? The squillionaires have surely seen it all, but the reason people like Li Ka-Shing and the Silicon Valley elite tote cheap plastic watches is precisely for reasons of tension. “I could buy the whole damn watch store,” they are signaling.Jason FungNov 18, 2015