Bill Gurley

Well, I mean, it's tied to the boldness regret, right?

Like you're going to get to the end and then it's done.

And only if you think in the way that Bezos did with his regret minimization framework are you going to –

Hold yourself accountable for that line, the recognition that life moves much faster than any of us realize, and then it's done.

And you can get locked in even sooner.

If you spend up to your limits, you can –

You can freeze yourself in a job, like, that you can't leave.

And you can do it with personal commitments as well.

My second career was, you know, going to Wall Street.

And I can't tell you the number of people I worked in with Wall Street that had, for their age, ridiculously high salaries.

But they had the place in the Hamptons, the summer lease.

Like, they tried to get into the membership club.

Like, they spent right up to the limit.

And now you can't switch.

You know, you can't switch.

Yes, yes.

I have, like, for young adults that are lucky enough to have a job with a decent salary, I would heavily encourage them not to spend against it just so they can have the flexibility to do other things, move cities, change jobs, all of which may be the right path for them.

I guess what I would say is I have a immense amount of respect for someone who adopts that mindset, the one you described, especially if they're really thriving in something that they may not perceive to be an occupation.

That could be a religious community.

It could be volunteer work that they do.