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Horseshoe theory
Mar 7, 2005

SedanChair posted:

It's actually fairly difficult and unusual to spend yourself out of real wealth. If you grew up in a wealthy family with managed funds, you're going to be strongly conditioned against diminishing your principal.

Plus a significant portion of the wealth are in trusts, businesses and other illiquid assets so (for the most part) they can't blow all the cash on booze, blow and hookers even if they wanted to.

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Horseshoe theory
Mar 7, 2005

Paul MaudDib posted:

You can get a flow experience playing video games/e-sports at a high competitive level too, but unlike real-life sports no one is going to write a check to pay an e-athlete a livable salary.

South Korea does, though (with Starcraft tournaments, etc)? :confused:

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