To Make Enough Money to Retire Early, Stop Doing These 7 Things
What Harvard research bizarrely shows about retirement
Money is a drug. People will believe anything to get it.
The documentary “The Lost Leonardo” is a great example. A random painting found in America is bought for around $1000.
A restorer does some further research and wildly claims it’s a lost painting by Leonardo da Vinci. The price is now in the millions. Then a famous art gallery gets 5 art critics to say whether it’s a Leonardo.
They agree it is.
So the gallery slaps the label “By Leonardo da Vinci” on the painting. The artwork is then sold again not long after for $127.5M. More hype builds about the painting and the owner decides to sell it.
Sotheby’s auction the painting and get a record-breaking $400M for it.
It’s highly unlikely this painting is by Leonardo. And even if it is, most of the current picture doesn’t resemble the original drawing. Restorers have butchered it.
To make enough money to retire early you have to understand the incentives of the world. You have to understand everyone is selling something and has a convenient story to do so.