&gt; $50m is about 100x more than I could ever need<p>That&#x27;s precisely why wealthy investors want to minimize volatility. They don&#x27;t need their wealth to grow (they already have more than they need), but they definitely don&#x27;t want it to disappear.<p>Also, I must say that $500k really isn&#x27;t that much money—it&#x27;s not even enough to retire.