April 03rd, 2025 by G.
You have heard of someone who is land-poor or house-poor. They have a great, big shiny asset, the kind that fulfills every dream of riches, but the owner neither feels rich nor always lives rich because the mortgage and maintenance eat up all their income.
Almost all the stately homes of England are open to the public or even owned by the public and its not because the British aristocracy is just that generous. Maybe a bit, but mostly because the stately homes were stately millstones about their necks.

Blenheim Palace — the seat of what was one of Britain’s richest and most successful families — open to the public to help pay costs
Same with power. All power costs something to maintain and someone can be objectively quite powerful but not feel it because almost all their power goes to maintaining their power.
In the New Testament there is a centurion who gives us a very vivid image of power. “I say go, and he goest.” To the one going, its pretty obvious that the centurion is very powerful. It may not feel the same way to the centurion. He more or less *has* to tell the soldier where to go or he quickly loses the ability and its not exciting to give the soldier his orders. It doesn’t feel like power. It feels like responsibility. Even delegation is hard and in some ways requires more effort than just doing it yourself or micromanaging.
So with power as with wealth, we might say that how it feels depends not on the total amount but how much you have left to use when all your obligations and debts and maintenance costs are accounted for. Delta power or net power.
(Stick with us on this one until the end, the end is where they payout is).
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