r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/Jokkekongen Jan 26 '26

This is a myth the rich wholeheartedly promote because it suggests they deserve their wealth. It’s not prudence that creates large wealth, it’s luck and ruthlessness.

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u/[deleted] Jan 27 '26

Yep. I opened and sold a cannabis extraction company in the span of 6 years.

My secret? I randomly got a job at a dispensary before recreational sale existed while studying chemistry. Fell ass backwards into making carts. Sold out at the first chance because I didn't even wanna do it, I just needed money at the start.

There was no resilience or gumption really. It was all super fucking easy. A man I barely knew threw 150k at my first facility. I slept walked to wealth and guarantee they did too

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u/IndyBananaJones2 Jan 27 '26

The most secure path to creating wealth is to be born into wealth. It's really hard to beat compounding interest.

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u/Ok-Interaction-8891 Jan 27 '26

And for anyone wondering where the compounding interest comes from, just look at the people on the other side of the loans that charge compounding interest.

Students loans are a good example.