Thursday, March 1, 2012

I Don't Even...

I would like to submit Exhibit A in the case against the fallacy that the rich "just work harder" A sample:
Executive-search veterans who work with hedge funds and banks make about $500,000 in good years, said Arbeeny, managing principal at New York-based CMF Partners LLC, declining to discuss specifics about his own income. He said he no longer goes on annual ski trips to Whistler (WB), Tahoe or Aspen.

He reads other supermarket circulars to find good prices for his favorite cereal, Wheat Chex.

“Wow, did I waste a lot of money,” Arbeeny said.
Yes, "wow".

Bonus: Matt Taibbi tearing into David Brooks for his wealth worshiping foolishness.



h/t Gin and Tacos

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