Re:Twitter has officially changed its logo to ‘X’
by nancyhn on Monday July 24, 2023 @10:55AM
(#36849043)
It is wrong to think it has nothing to do with intelligence, especially repeated success.
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Re:Twitter has officially changed its logo to ‘X’
by guerrilla on Monday July 24, 2023 @11:39AM
(#36849734)
No it's not. Money is a positive-feedback loop. No intelligence required.
Re:Twitter has officially changed its logo to ‘X’
by nancyhn on Monday July 24, 2023 @11:44AM
(#36849804)
Lottery winners and the like tell a different story, don't they?
And do you think an 80 IQ founder == 120 IQ founder all else being equal?
Re:Twitter has officially changed its logo to ‘X’
by elishah on Monday July 24, 2023 @01:07PM
(#36851144)
> And do you think an 80 IQ founder == 120 IQ founder all else being equal?
Musk and Bezos seem to have come to roughly similar outcomes, so evidence suggests yes.
Re:Twitter has officially changed its logo to ‘X’
by guerrilla on Monday July 24, 2023 @02:31PM
(#36852368)
The people who play lotto's are very uneducated, so it's selection bias. None of them were taught how to manage money because they never had any.
Founders aren't the ones with the money. They're making it for someone else and then being paid for that.
In any case, it's what happens on average that matters, not minuscule exceptions. Money makes money.
Re:Twitter has officially changed its logo to ‘X’
by fireant on Tuesday July 25, 2023 @01:48AM
(#36858438)
Does that imply that everyone who started with more money than Musk now has even more money than Musk? Or perhaps it implies that you just can't ever get poorer?
I don't think its possible, or fair, to reduce success to a single digestible dimension.
Re:Twitter has officially changed its logo to ‘X’
by guerrilla on Tuesday July 25, 2023 @02:18AM
(#36858627)
You deny that investment costs money? You deny that investment makes money? The more you make, the more more you invest; the more you invest, the more you make. Exceptions are irrelevant to the norm.
And somone had to come out the winner in a stochastic Market. It just halpened to be Musk. No competence requirer, at all.