I was thinking about an anecdote* from a book by late Vanguard founder John Bogle. This was an exchange Bogle witnessed at a party given by a billionaire on Shelter Island in New York.
The late novelist Kurt Vonnegut informed his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history.
Heller responded – “Yes, but I have something he will never have…enough.”
This is an incredibly powerful quote in the context of money. The question that follows as we think about the new year is – what about other aspects of our life?
Are we seeking wealth of a different nature – an awesome financial investment? Or is it status? Social media followers? A promotion?
These questions bring us to 2 central questions –
(1) What game(s) are we playing?
(2) When will we have enough?
Best to define what winning is like before we start playing.
*I’ve shared it a few times on this blog – but not enough. :-)