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Intro Rationality

Rationally, it would seem to make sense for people to spend half a billion dollars on their house and fifty million on the boat they’re on for two weeks a year, right? But it’s gone the other way. People don’t want to live in a hundred thousand square foot house. Optically, it’s weird. But a half billion dollar boat, actually, is quite nice.”

Margaret Soltan, July 19, 2022 7:41AM
Posted in: extracts

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