[johnvanommen]

In college, I worked for four different restaurants. It always blew my mind how perfectly reasonable people would take their entire life savings and invest it into a restaurant at the age of 60, 65, even 70.

They really and truly thought they'd just show up with a checkbook, and then the restaurant would churn out solid returns, year after year.

On top of that, they often placed their children on the staff. Children who had no interest in working in a restaurant, the children of wealthy parents who knew that their parents couldn't compel them to show up to work.