20/03/2011

Opportunity Costs

The rich also leave jobs more quickly than others, for the simple reason that they can afford to do so. Karen Weisgerber, a senior adviser at the center who also works with Kenny at North Bridge, describes an heir she counseled who had earned an M.B.A. from a top-tier school and was an obviously intelligent man. He nonetheless moved from one high-tech job to another. “At some point, something would happen at each job that those who have to work for an income would learn to tolerate,” Weisgerber says. “And he’d just say, ‘I don’t want to deal with this.’ Eventually he had to say, ‘I don’t have a career.’”

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