This is simple end stage sycophancy. He’s not had anyone in his life telling him no and is living the result of that mistake.
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Rich person in trouble. Yawn.
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The Mandels categorically deny all wrongdoing and are countersuing, alleging that Depp breached his oral contract with the company.
Hear me, people! If you are in an “oral contract” for purposes of business dealings, you are absolutely in the wrong type of contract. These two words do NOT go together. If your employer/biz partner/service provider/etc. will not put it in writing, you don’t want 'em. I woulda thought Depp woulda had an atty that woulda told him at least that much.
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Fascinating read. The first post is dead on: nobody in this story seems to have their head screwed on straight. But that is because money gives the power to get by without having ones head screwed on straight. And most people don’t like being screwed down too tight.
The main mistake I think people make with money is using it to avoid constraints. Purchasing a home helps people amass wealth mostly because they have to ‘save’ the difference between the mortgage and an equivalent rent every month. Or the house gets repossessed.
The other main money mistake is to amass toys that require upkeep. For some it is a jet ski and the insurance, trailer, SUV to tow, storage, and mechanical upkeep. When you get to JD level it is 14 houses. And these assets are not liquid; it requires effort and time to dispose or even stop the leaking of these assets. Which someone in financial trouble probably doesn’t have.
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There’s a saying that goes something like - “If you have to feed, fuel, or fuck it - then rent instead of buy.”
So I should rent a car five days a week instead of buy one?
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It has to do with treating depreciating assets as investments
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Yeah, if you need a car, buy a car! But don’t mistake that for an investment, any more than a fancy house with high upkeep costs is an one.
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From a strictly financial perspective, buying a car is not a good idea. There are alternatives to owning.
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I’d say it depends - last year I bought a 2003 Lancer/Mirage (great reputation for reliability), with only 85,000km on the clock, and got it for only AU$1500 since the body was a bit rough. Seems like pretty good value to me, even though I only do 5-10,000ks a year.
Anyone who buys a car new is just pissing buckets of money away (with the tiny exception of folks who can afford to buy instant classics). But I’m pretty sure there are plenty of cars to be had like mine; a few minor dings, tired paint, mechanically sweet, going for a song.
Car sharing is a great idea and all, but I for one couldn’t be arsed with it.
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