Good Lifestyle

Business mogulWarren Buffetthas a lot of big titles lately, first forits controversial position on cryptocurrenceAnd, more recently, for his incendiary remarks about money and happiness.

SpeakingOn the "Squawk box" of CNBC last monthBuffet stated that people are wrong if they think more money will make them happier.

"I was not unhappy when I was $ 10,000 when I came out of school," he said. "I had a lot of fun ... If you have $ 100,000, and you are an unfortunate person, and you think a million dollars will make you happy, it will not happen ... you will not be Happy if you double your net worth. "

His comments have inspired a lot of ridiculous on the internet because the buffet isThe second richest person in the United States, with a net value of 86.3 billion.

"I think from $ 10 to $ 20 would make me happy",The Twitter user wrote in a popular tweet.

"My net worth is negative because of surprising student loans, so yes, doubling a negative number would not make me happier," anotherThe Twitter user wrote.

Although the reasons for this IRE is understandable, it is also a bit unfair because which buffet says is both wise and saved by data.

First, he was careful in his wording. He did not say that doubling your net worth would have no effect on your well-being, only that he did not put you in a state of increased happiness. In the maintenance, it admits that doubling your net worth will initially give a "euphoric thrust", but it will result, and if you have a million dollars, you will soon begin to think that you would be happier if you had two million dollars, and so on and so on endless. This is consistent with the hedonic treadmill - an observed trend of human beings to have a level of happiness fixed that they always come back independently of what is happening in their lives.

Second, the buffet does not make it clear to people who live below the poverty line. His example describes a hypothetical person who was $ 100,000, which is already a very comfortable amount of money. The fact that he used this particular number, in fact, is interesting becauseA recent study found that although there is definitely a difference of happiness Between someone who does, say $ 25,000 and $ 75,000 after $ 95,000, the difference turns out entirely. Some studies have even shown that people are often becoming more unfortunate after $ 100,000 due to the additional responsibility and stress and lack of leisure time than the production of their wealth requires.

Third, the buffet touches something quite poetic by saying that it was not "unhappy" when he graduated from Nebraska University with only $ 10,000 (however, but just $ 10,000 in 1949 is the equivalent of about $ 100,000, but it won this money alone by providing newspapers and making smart investments). What he really says, it's just that money does not buy happiness, and no matter how much riches you accumulate, you can always find out more, and so you feel eternally dissatisfied. That's why it's so important to focus on things outside of money, like family and love, in order to be happy.

His philosophy completely reflects thesecret to happiness that Albert Einstein wrote once on a note, "A calm and modest life brings more joy than a continuation of success related to constant disorders."

For what it goes, the buffet practices what it preaches too. The 87-year-old still lives in the same relatively modest 5 bedroom house, two bedrooms he had only bought $ 31,500 in 1958 (about $ 250,000 in today's dollars). When asked why he has not moved in a more luxurious house, hesaid to the BBC. "I'm happy there. I moved if I thought I would be happier on the other hand."

Now it's inspiring. And for more edification courses, do not miss these50 inspiring quotes to boost your days.

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