[vermillion]

This argument is faulty, implying that Gates' time is more valuable than others'. We need both time and money to survive, when you need not worry about the later, logically you can approach other pursuits with more dedication.

[BillyMaize]

When did the parent post claim Gate's time is more valuable than others? I only saw that the parent comment claimed that to Gates himself his time is much more valuable than his money, but even so he spends all of his time pursuing good things. He was never compared to anyone else.

[bediger4000]

With this phrase: is infinitely more valuable to him than even others I believe. The tone of the post must be taken into account.

[BillyMaize]

What he means is, Gates time is so much more valuable to him than his money is to him, where most people time or money might be more valuable than the other, but not to such an extreme. My time is more valuable to me, but there is only so much money I'm willing to spend on convenience. Gates however would probably be willing to spend thousands of dollars on convenience that would seem like huge waste to the rest of us.

He makes the point that despite his time being so much more valuable to him that he is still willing to spend his time doing good things instead of just having a stress free easy life.

[vermillion]

> his time is much more valuable than his money

That is the case for everybody, for time is limited and money can be created arbitrarily.

Don't take my comment as an attack to the OP, I'm just stating that the situation is the same for everybody, and there are many people out there with less resources, but I claim their contribution is as valuable, if not more.

[Cookingboy]

Most of us are willing to sacrifice time for sometimes even small amount of money. For example, I used to wait in line on Black Fridays for cheap deals on electronics. After I got a decent job I stopped doing that kind of things but I would probably still wait in line for a couple hours if I can save a thousand dollars. For someone like Bill Gates, he would probably easily PAY $1000 to save an hour of time, so the relative value between money/time is different for everyone.

For a billionaire like Gates, he effectively only has one currency left to worry about, since time is the only thing that's important and worthy of consideration for him. That is why I said time is more important to him than it is to rest of us, since he is unlikely to trade his time for anything other than what he truly desires.

[phaus]

His point was that Gates already has all the money a person could ever want, so he no longer values it enough to waste any time trying to make more. For a normal person, money is often valued more than time, which is why the majority of us spend most of our days working for someone else. If I ever became wealthy, my time would become more valuable than money too, and I would spend most of my time doing the things that I really want to do. Right now, However, I need money more than I need time.

[vermillion]

> money is often valued more than time

I argue that time is always worth more than money. You can transform time into money, but not the other way around.

> which is why the majority of us spend most of our days working for someone else

You can use time, money or both at the same time. In your example, you have both every day: first money, then time.

[phaus]

Are you self-employed, or do you work for someone else?

If you work for someone else, as almost all people do, you have made the decision that the time you spend at work is less valuable than your paycheck.