Re:Random computer simulation produces wealth distribution s...
by ams6110 on Thursday March 01, 2018 @11:17PM
(#16498975)
The most obvious and reliable way to get $1MM in the bank is to work, live frugally, and invest savings for about 40 years.
Re:Random computer simulation produces wealth distribution s...
by zimpenfish on Friday March 02, 2018 @09:14AM
(#16501453)
You forgot "...and never have anything go wrong".
Re:Random computer simulation produces wealth distribution s...
by throwaway1748 on Thursday March 01, 2018 @11:43PM
(#16499095)
Yep, that works too. And has little to do with chance.
Re:Random computer simulation produces wealth distribution s...
by anotheryou on Sunday March 04, 2018 @05:51AM
(#16514193)
But high-risk means it might be startup #7 or #12 that makes it big. How many stripes and facebooks did not become THE stripe and THE facebook?
The most obvious is to join a high-growth startup, particularly after the initial period of high risk. An example of this would be to join Google in the early 2000's, Facebook from 2007 to 2012, Stripe from 2012 to 2014, Uber from 2012 to 2014, etc etc. Today those companies would probably be the ones on this Breakout List, plus a few others like Coinbase and Robinhood: https://breakoutlist.com/
Join one of those companies as a software engineer and there's a very good chance you'll make decent money. You don't have to be that lucky or clairvoyant to identify these opportunities. This current cultural phenomenon of explaining all success as either the result of luck or immoral behavior is seriously troubling...
edit: would appreciate a discussion here rather than just being down-voted.