The Gambler - Fuck You
Why Hacker News recommends it
HN points to it as the source and best distillation of 'fuck you money', in threads about FIRE, windfalls, layoffs and financial literacy.
What it is
A short clip from the film The Gambler in which John Goodman's character gives a monologue about the 'position of fuck you': building enough financial security that you owe nobody anything. The scene is a compact statement of financial independence as freedom.
Recommended by 2 HN commenters across 4 different months, 2018 to 2023.
What Hacker News said
Recommends mindcrime · 2018-12 · on “Ask HN: What to do after $8M (all cash, post tax) exit?”
First of all, congrats. You are in a great situation, now you just have to manage it to allow you to live your life the way you want from here on out. The very first thing I'd do is watch this video (it's a famous scene from the movie The Gambler ). [this video] The basic idea is to establish your "position of 'Fuck You'". You basically have that already... house paid for, cars paid for, etc. Put enough of your money aside in conservative, safe, long-term investments that you'll never be hurting for money. Include things like your kids college tuition or whatever things are important to you. Once you have that, even if you blow the rest of the money on toys, sex, drugs, rock 'n roll, whatever, yo
Recommends dharmab · 2021-12 · on “Ask HN: 27, accidentally became wealthy, lost drive. What should I do?”
Lots of great answers in this thread about finding meaning after your base needs are taken care of. I'd like also include this clip about setting up a Position of Fuck You (a stable base from which you can launch riskier endeavours) [this video]
Recommends mindcrime · 2023-01 · on “Ask HN: Good resources to become financially literate”
You might accuse me of being glib in saying this, but this scene from the movie The Gambler[1] contains a lot of wisdom. The movie as a whole is moderately OK, but this scene really distills a lot of good stuff into a few minutes. [this video] [1]: [LINK]
Recommends mindcrime · 2023-04 · on “Red Hat cutting hundreds of jobs, CEO says in letter to employees”
Anyone have tips to avoid this? Avoid? No. It probably can't be avoided in the long-run. But you can mitigate the effects. A great take on this can be mined from this little rant by John Goodman's character in The Gambler : [this video]
Cites gubsz · 2019-05 · on “Ask HN: What do people think of FIRE (Financial Independence, Retire Early)?”
My interest in FIRE can really be boiled down to this scene: [this video] I'm on board and actively pursing FIRE. I'm not sure if I'll actually choose to retire when I hit the magic number (~20x your yearly expenses), but it does provide me with a sense of satisfaction and stability. I think a lot of the FIRE community over evangelizes the "RE" portion of FIRE, but that may just be a reflection of the high stress/high pay types of jobs that many FIRE pursuers find themselves in.
Cites bfieidhbrjr · 2019-07 · on “Ask HN: What did you do when you suddenly got rich?”
[this video] Frank: You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at three to five percent to pay your taxes and that's your base, get me? That's your fortress of f ing solitude. That puts you, for the rest of your life, at a level of f you. Somebody wants you to do something, f * you. Boss pisses you off, f * you! Own your house. Have a couple bucks in the bank. Don't drink. That's all I have to say to anybody on any social level. Did your grandfather take risks? Jim Bennett: Yes. Frank: I guarantee he did it from a position of f * you. A wise man's
Cites tick_tock_tick · 2021-03 · on “Early-Retirement Update”
"independently wealthy" is the normal word choice. Or "fuck you money" from the gambler [this video]
Cites travisjungroth · 2022-12 · on “After 20 years the Dwarf Fortress devs have to get used to being millionaires”
> 2m each is not "Fuck you" money perhaps but it is enough to comfortably retire That is exactly what "fuck you" money means. It's not about having so much money you couldn't possibly want for anything. People will always want. It's about having enough that you're not beholden to anyone for your basic needs. [this video]