Tis a big problem. I looj at the measely income potential and impact on some of my projects. Then go.... Why do I bother?
What is the reasonable thing to do?
My philosophy: Focus on expected quality of life. If your natural drive pushes you towards ambitious projects, go for it. But money, beyond the necessary amount, is largely a proxy of society's appreciation of one's contributions. Doing what society expects or desires is not the best path to happiness. I see a lot of brilliant people fall into the trap of doing what they're expected to (and pays well), rather than what leads to the best life.
I strongly doubt you're in that crowd, seeing as you're an accomplished contrarian investor and all, but figured I'd share my thoughts
Of course, an extra million in the bank
does have the potential to lead to increased quality of life. Both in terms of how interesting the journey towards it is, and in terms of pure economic power. But if your monetary needs are covered, I'd think that focusing on the enjoyment of whatever you choose to pursue should be a priority. Economic or social impact is mostly a moot point in that case.
I mean, look at the super brilliant >150 IQ folks. Most of them live in a completely separate world where they only focus on esoteric stuff that doesn't interest anyone else. Do you know the game Dwarf Fortress? There's a pair of genius brothers dedicating their life to making that game. It's
completely esoteric.
