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by vermillion 4603 days ago
> 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.

1 comments

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.