Make Money Online: Documenting 10 Years of Failure

Re:Make Money Online: Documenting 10 Years of Failure by timepiece on Friday March 20, 2015 @12:16PM (#9238572)

This always disturbs me that only a handful people make it big such as Shoemaker while the rest of the population sample barely make ends meet.

I don't know if this has anything to do with some obscure physical law like these phenomenons that best described by a normal/Gaussian distribution or just explained by the probability theory (read: sheer luck) and the success ratio of this magnitude in these "games" or life in general is very slim and thus people should not get that excited to imitate them or feel down and dejected if they don't.

Certainly, wealth and power distribution on Earth is one of these life mysteries that kept and will keep puzzling humans for a long time to come.

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Re:Make Money Online: Documenting 10 Years of Failure by kokey on Friday March 20, 2015 @12:35PM (#9238678)

Have you read The Black Swan yet? If you haven't, it sounds like you might enjoy it.

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Re:Make Money Online: Documenting 10 Years of Failure by pjonesdotca on Friday March 20, 2015 @04:12PM (#9240411)

Taleb has said before (it could have been in 'Black Swan') that focusing just on the successful massively distorts the reality of the curve. So much so that it would be more important to study as many of the failures than and all but ignore the successes.

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