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A comment on SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb. Parent comment

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by graeme on Wednesday April 15, 2020 @10:22AM (#22878021)
All true, but compared to the 3% of Americans with a college degree at the time, I'd argue that Buffett was in the top 1% of wealth generation skills.

It wasn't his family's business partnership by the way. He ran his own investment fund.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by danans on Wednesday April 15, 2020 @02:03PM (#22880933)
So the takeaway is that his example is not generalizable to the 97% of others in his time who didn't share his privileges.

Nor is is generalizable to the equivalent of that 97% in recent generations, despite their being more likely to have college degrees.

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