Yup. Bluntly, most people don't know how true wealth works because most people don't have it, and the mechanisms that preserve and perpetuate it have nothing to do with their lives. Most people top out at a 401(k), not counting the gamblers on day trading apps thinking they can time the market.
John Scalzi
I used to write about this when the annual Forbes sports team valuations and team owner wealth data came out. Most people don't understand it's assets and not stacks of gold, gems, and paper currency the oligarchs sleep atop like paranoid Smaug.
