The rich go bankrupt—not because investments fail, but because their dreams are too expensive:

My college roommate, for example—now his cash flow is about 37 million.
At 10,000 yuan a day in returns, he could earn 3.65 million just by lying around each year; over ten years, even if he does nothing, his assets will most likely keep compounding and growing.
So I discovered something interesting.
Some people are actually very hard to go bankrupt.
No smoking, no gambling, no reckless spending—spending 30 to 50 million a year is, for them, just interest.
What truly can bring them down is often not consumption, but dreams.
They want to start a business, to build a unicorn, to prove themselves, to become the next Huang Renxun.
So they start hiring people, renting offices, burning money, and telling stories.
The money that could have let them live comfortably for several generations can be squandered in just a few years.
The biggest investment humans make may never be stocks, nor real estate.
Instead, it’s that stubborn idea that they’re never willing to accept that they’re just ordinary people.
Of course, dreams aren’t necessarily a bad thing.
It’s just that, like leverage, dreams can make people soar higher—but they can also make them fall harder.
In the end, many wealthy people don’t lose because of their wealth.
They lose because of obsession.
Because sometimes, what destroys a person isn’t poverty.
It’s precisely the fact that they insist on writing a legendary chapter for their own life.