Is it possible to be an audiophile and be happy with what you have

I don't agree with your premise Taters. I think you can be a music lover, but still enjoy improving your system. There's a big difference between enjoying what you have but enjoying making improvements, and being dissatisfied...

Im very happy with what i have its possible if you know what your doing!!

The human condition is always looking for the next best thing. Be it audio,boats, bikes,jewelry,timepieces,vacations,homes,sex,mates,pets,planes,trains,automobiles etc;etc. Anything that the lust of the flesh and the pride of life can muster up between our birth and death,we all will eventually crave... So to be happy with "what you have" really is not what most people want. We live in a world of play now and pay latter. ymmv

The two are not mutually exclusive.  So yes.

You can argue that the most hard core audiophiles are never satisfied and have the time to continuously try to push forward towards whatever it is that they are seeking whereas some care just as much but choose a different course.  It happens.

I agree with Mapman. My family has proven it to me that one can be an audiophile and not change. For the most part they have the same gear for years and kept on enjoying music. They did acquire pieces of gear through the years here and there that they were curious about but were happy with what they have. When I tell them about the used market and how some people just cycle through gear they are amazed.