Do You Have This Kind of Clarity?

Warren Buffett, whose net worth is north of $100 billion, lives in the same house he bought in 1958 for $31,500. The NFL lineman turned mathematician John Urschel is worth millions but manages to live on $25,000 a year. Well past signing a $94 million dollar contract, the NBA star Kawhi Leonard drove the 1997 Chevy Tahoe he had since he was a teenager.

Cato, who came from a wealthy and powerful family, walked around bareheaded and barefooted and generally abstained from unnecessary luxuries. He could have afforded to do otherwise, he chose not to. “Nothing is cheap,” his great-grandfather had famously said, “if it is superfluous.”

Some might say these men were just cheap, but that’s too simple and too unfair.