Agreed - I find it useful to get unfiltered insight into how ultra high net worth people think about the world and view/approach things and what sources they use to form opinions.
I also find it useful to compare/calibrate how much about finance that's not VC specific (i.e. macro economics, interest rates, commodities, etc.) I know relative to ultra high net worth people.
It does require active listening to spot the subtle/not subtle bias, errors in logic etc.