From Raffi’s autobiography:
One day when our coffers were full and I was given another large bonus, I had a talk with Mike.
“Let me see if I get it,” I began. “If this money is invested, it’ll get more money, right?”
“Right.”
“And then? If I invested that successfully, there’s more money, right?”
“That’s right. Raf, what are you driving at?”
“I’m not sure. It’s just . . . what’s the money for? Beyond a certain point, what good does it do?”
I wasn’t really going anywhere with this. I was just frustrated with the idea of capital accumulating toward no apparent end. It was a concept that baffled me.
[I hear you, guy.]