Lots of pros and cons, for example
- buy more experiences and fewer material goods
Some experiences are not worth fighting for or risking. In this forum, many people tell how they bought their first investment experience, they had to "pay" a very high price because they were deceived. In this case, buying material goods is more feasible if they know about the ending.
In conclusion, everyone knows how they should be happy. If you did an opinion survey of the richest people, they probably wouldn't mention money at all in this context.
I would like to agree with your opinion that experience are will not be worth for fighting against risk But this applies only when one does not learn anything from his experience, i.e. if he has made a mistake in his experience then he has to learn from it. In this case, experience is of no use to those who cannot learn from those mistakes. Most successful people have value in their experiences, because they have learned from their experiences and applied them to their future goals.