Why More Money Makes You Less Happy (And What to Do Instead)
Forget Diversification
Maybe what I’m going to say today is a little easier to understand. But maybe it’s not so easy for 99% of people in the world.
Most people are still caught in the same loop. Believing that more money, more consumption, and more things will finally give them peace. Yet the more they buy, the more they need. And the more they need, the less happy they become.
We live in an age of abundance. The average person in developed countries enjoys comforts kings couldn’t dream of two hundred years ago. Hot water. Instant food. Entertainment on demand. Travel across continents in hours. It’s extraordinary.
And yet, instead of gratitude, it has created restlessness. A gnawing hunger for more. More experiences. More likes. More status. Paradoxically, abundance has become a source of unhappiness.
Do we really think people in poorer countries are less happy? Not necessarily. In fact, studies consistently show that many African nations report higher happiness than wealthier Western ones.
This should shock us. But it doesn’t. Because we’ve built a culture that equates wealth with consumption, and consumption with meaning. It’s a broken equation.
The real point isn’t that you should spend less. Cutting lattes won’t fix the emptiness. The point is that you should earn differently. Play different games.
Freedom doesn’t come from lowering your life until you can bear it. It comes from rising above the cycle of scarcity, by multiplying intelligently and directing your money toward things that matter.
And this brings me to what I think is the true purpose. Wealth isn’t only about escaping the rat race. It’s about helping. Helping others with your capital.
Not in the shallow sense of just spending it or donating blindly. But in structuring your money so it builds something real. Investing in businesses that solve problems. Supporting systems that create value. Extending opportunities to those who have none.
That’s where meaning lies.
Because let’s be honest. No one is happier from their fifth car or their seventh streaming subscription. But enabling a family to educate their kids? Creating jobs where none existed? Building a system that makes people less dependent on broken institutions? That’s purpose.
That’s the kind of return that matters.
This is why selling assets is a scarcity mindset. It’s shrinking yourself for temporary comfort. Instead, you build around your core.
You structure life so that your capital endures and expands. You let it flow not into endless consumption, but into compounding engines that support you and create space for others.
From our point of view, the only way forward is investing in hard assets or maintaining an asymmetric portfolio. This is the only way to escape the crisis and avoid having economic problems for the rest of your life.
But beyond the numbers, it’s also the only way to escape the emptiness of abundance. True wealth is not just survival. It’s having the power to build, to help, and to create meaning in a world drowning in noise.