If you’re so smart, why aren’t you rich? Turns out it’s just chance

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by rootusrootus on Tuesday April 04, 2023 @09:42PM (#35448176)

All of us who haven't achieved fabulous success find this very comforting, of course.

But I'm still going to put in effort, because I don't believe in any of this fate crap, etc.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by epgui on Tuesday April 04, 2023 @10:24PM (#35448523)

This paper does not suggest in any way that effort is not important.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by kortilla on Tuesday April 04, 2023 @10:31PM (#35448567)

Effort without intelligence is just pointless toil though. Either this paper is saying it’s pure chance, in which case effort isn’t relevant, or some intelligence is required.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by f0ld on Wednesday April 05, 2023 @01:30AM (#35449690)

Fundamental reality of intelligence is that it can be shared. Especially more effective when it is only shared among small groups. Very few are innate to a person.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by lmaoge on Wednesday April 05, 2023 @01:37AM (#35449733)

If you're saying "intelligence" as in greater than 75 IQ then sure.

If you slide that scale any further you'll quickly be overweighting intelligence to success

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by kortilla on Wednesday April 05, 2023 @03:28PM (#35459221)

Show me all of the company CEOs with an IQ of 80.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by epgui on Wednesday April 05, 2023 @03:43AM (#35450685)

Well, considering that with "zero intelligence" you're basically on life support in a coma, I'd say you're not even wrong.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by adave on Wednesday April 05, 2023 @04:51AM (#35451217)

Lot of folks who become rich with average intelligence so it's in no way a barrier.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by WXLCKNO on Tuesday April 04, 2023 @10:00PM (#35448320)

Well yeah, you still gotta play to win and put the odds on your side. You may never make it but it won't be because you didn't have what it takes.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by danielrpa on Wednesday April 05, 2023 @08:42AM (#35453148)

It's not fate, it's simply randomness. You can be brilliant, put in the effort and still fail miserably, but your chances are nonetheless much higher than people who don't put in the effort or are unintelligent.

[ Parent | on HN ]

Re:If you’re so smart, why aren’t you rich? Turns out it’s j... by red-iron-pine on Wednesday April 05, 2023 @11:46AM (#35456085)

Counting cards or rolling d20s comes to mind here.

You can roll more, or find ways to add +5 to your favor -- tilt the odds an extra 10% -- but at the end of the day it's random.

So you either find ways to roll the dice more, roll the dice without having to bet anything, or ways to add an extra 5% onto your odds.

[ Parent | on HN ]