this post was submitted on 23 Jul 2023
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Smart people are more risk adverse. It seems like the only way to become mega wealthy is to haphazardly gamble. We only hear about the successes due to survivorship bias.
They really are just lucky bastards.
Lucky, or in Elmo's case, born with a platinum spoon in his mouth thanks to daddy's apartheid emerald mines.
That's a very big part of it.
When fucknugget wanted to start a company he had plenty of credit either on his own, with his name, or both. If he blew 50k in an attempt he could try again next week.
If I blew 50k I'd be homeless.
It's way easier to high stakes gamble when you won't notice you lost.
They are lucky because the average person won't even bother checking out on wikipedia how they become so rich