The hottest Wealth Substack posts right now

Three Types of Elite

Bullfish Hole • 58 implied HN points • 09 Apr 23

Elites prioritize different dimensions of status like wealth, power, and prestige.
Some individuals have a talent for one dimension of status over the others.
There are distinct differences in the values and characteristics of elites in modern society.

We talk about YIMBYism because we can't talk about class

Wheel’s Substack • 58 implied HN points • 15 Apr 23

🇺🇸 U.S. Politics Class Wealth Affordability Housing

Class is a topic avoided in mainstream conversations
Generational discourse often serves as a proxy for discussing class directly
YIMBYism can act as an escape valve for avoiding class-related issues

Housing Can’t Be Affordable and an Investment

Good Reason • 3 HN points • 27 Feb 24

💰 Finance Housing Market Investment Wealth Inflation Income

US housing has become extremely expensive, with a median single family home selling for over $400K and prices rising more than 7% annually since 2012.
If housing prices continue to rise at 7% annually, they'll nearly double in 10 years and nearly quadruple in 20 years, making homes unaffordable for many.
Treating housing as an investment has consequences, creating an underclass unable to afford homes and pushing more people into debt, cramped living situations, and even homelessness.

When Rich People Say 'Don't Worry About Money.'

The Doorman • 39 implied HN points • 23 Feb 23

⛪ Faith & Spirituality Wealth Values Community Materialism

Rich people may advise not to worry about money, but their journey to wealth often involved sacrifices and regrets.
Accidental millionaires stress the importance of pursuing passion and letting money follow naturally.
Sometimes, those with fewer material possessions emphasize the value of community and family over material wealth.

Six Figures Ain't What it Used to Be

The Fat Software Engineer • 30 implied HN points • 24 May 23

💰 Finance Salary Taxation Economy Inflation Wealth

If you aim for wealth, you need to aim higher than just six figures.
The cost of living has gone up significantly, making a six-figure salary less impactful.
Tax bands are frozen, stealthily increasing taxes, but there's hope with predicted drops in interest rates and energy costs.

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Do the Wealthy have a Role to Play in Reducing Inflation?

The Fat Software Engineer • 20 implied HN points • 12 Jul 23

💰 Finance Inflation Wealth Government Policy Wealth Inequality

To reduce inflation, we need to increase supply or decrease demand.
Wealthy individuals can theoretically impact inflation by spending less, but it's unlikely many will collaborate on this.
Government policies play a significant role in managing inflation, but current strategies might not be effective.

Creativity Is a Privilege for the Wealthy. Or Is It?

The Intersection • 19 implied HN points • 01 May 23

🎭️ Culture Creativity Wealth Privilege Art Society

Creative opportunities are often more accessible to the wealthy due to having the resources to pursue them.
Money can provide the freedom to explore creativity without the worry of basic necessities like a roof over your head.
Acknowledging and being grateful for the privileges we have can help us be more empathetic towards others who may not have the same resources.

Elon Musk Reclaims Title of World's Richest Person

Stage Zero • 19 implied HN points • 28 Feb 23

💰 Finance Wealth Stocks Billionaires Market volatility Investments

Elon Musk has reclaimed the title of the world's richest person from Bernard Arnault.
Musk's wealth fluctuated due to Twitter stock purchases and controversies.
Musk's financial success is tied to his various private companies like SpaceX and The Boring Company.

Wealth: Five Formulas and a Recipe

What's Important? • 16 implied HN points • 31 May 23

💰 Finance Wealth Investing Success Health Relationships

Owning equity in a business is key for financial freedom.
Wealth comes from combining ownership with leverage.
Passion, curiosity, and time are crucial for building wealth.

#27 Books: The Almanack of Naval Ravikant

Atomic Learnings • 4 implied HN points • 10 Mar 23

📚 Literature Self-help Wealth Happiness Wisdom Books

To build wealth, combine specific knowledge with leverage over a long time with smart and trustworthy people.
Focus on physical, mental, and spiritual health for happiness, which cannot be bought.
The Almanack of Naval Ravikant contains valuable wisdom on wealth and happiness, and it's free to read.

The Inescapable Inequality of Exponential Growth

Theory A : Visualize Value Investing • 4 HN points • 12 Feb 23

💰 Finance Investing Wealth Inequality Exponential growth Strategies

Investments grow exponentially, with even minor rate changes leading to substantial differences over time.
Exponential growth leads to wealth inequality, as those starting earlier accumulate more.
Understanding that inequality is a natural result of exponential growth can help avoid risky decisions driven by envy.

🤔 The Poverty Paradox

The Wisdom Project • 1 implied HN point • 04 Jun 23

💰 Finance Wealth Productivity Philosophy

Welfare programs can sometimes perpetuate poverty instead of preventing it.
Noise can significantly reduce productivity, be wary of distractions.
Choosing what to focus on and what to ignore can lead to a better life.

John Sung Kim and the Great Florida Wealth Migration

Fava’s Substack • 0 implied HN points • 01 Jun 23

🇺🇸 U.S. Politics Migration Government Taxes Income Wealth

John Sung Kim was involved in local politics and advocated for improving San Francisco before moving to Florida.
Counties in the Bay Area, like San Francisco and Manhattan, lost significant income in 2022.
Many wealthy individuals are migrating to Florida for better living conditions and government services.