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A comment on Be wary of imitating high-status people who can afford to countersignal. Parent comment

Re:Be wary of imitating high-status people who can afford to... by 627467 on Sunday December 11, 2022 @09:35AM (#33943552)
It takes a certain combination of work/knowledge/luck to profit from anything in life.

Seems reductionist to equate buying low and selling at peak to buying a lottery ticket. But so it does to claim hard work has been the main reason why financial investors profit

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Re:Be wary of imitating high-status people who can afford to... by wildrhythms on Sunday December 11, 2022 @10:08AM (#33943793)
>It takes a certain combination of work/knowledge/luck to profit from anything in life.

Plenty of people 'profiting' on the wealth of their parents, grandparents, etc. when they themselves have never worked a day in their life and don't have much knowledge of anything.

Inherited wealth is an obvious contradiction to the meritocracy that so many people believe we live within today.

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Re:Be wary of imitating high-status people who can afford to... by 627467 on Sunday December 11, 2022 @02:20PM (#33946482)
If my response seemed to support the idea of meritocracy as a fact it was unintended. Obviously I missed "inheritance" or family-estate from the triad.
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