Fri, 19th October, 2018 - 1:33 pm GMT
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Stanley and Danko argue that your total net worth alone does not tell a good enough picture of one's wealth, what matters is how much worth you can accumulate on your income considering your own age. Therefore, a 30 year old making $ 25,000 who has a net worth of $ 80,000 has more relative wealth than a 50 year old doctor making $ 200,000 a year who is only worth $500,000.
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Murphy's Law, Version No. 18: We have more to fear from the bumbling of the incompetent than from the machinations of the wicked.
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