Intelligence? Talent? No, the ultra-rich got to where they're thru luck & brutality

Quote from rew:

Okay, I'll tell you. I work in a small company. My boss owns most of the company. He started it. He is smart, competent, and understands the somewhat arcane business we're in better than anyone else I know. He tries to do right by his customers and treats his employees fairly.

He has more money than me. He deserves it.

Here's your lollipop: O--- Now go home.
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Does your small company produce lollipops?:)
 
Quote from MarketMasher:

Why not both? Why do they have to be mutually exclusive??

He got lucky to get the case, then worked hard on it. But he does not have the persistence of a hard-worker most of the time. He saw his big opportunity and took it, but he's not motivated naturally to keep at it.

On a different note, people with lots of money or in high positions also can also hire other people smarter than them (at least in different areas), so it can become easier.

If someone is "ultra-rich" (legally) through their own hard work, then he or she won a damn hard race and deserve the accolades. If you start out with money (trust fund) then you get a head start on the other runners. You win, but it ain't so much about you anymore.
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https://en.wikipedia.org/wiki/White_privilege
https://en.wikipedia.org/wiki/Oligarchy
 
Quote from peilthetraveler:

I've loaned money to lots of friends before. You know how many paid me back? Thats right...ZERO! Thats when you find out your true friends. I've found now that if I want to keep any friends that ask to "borrow" money, I better either say no, or give it to them and say its a gift.
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CORRECTAMUNDO! I've been paid back only ONCE myself, so I don't lend to "friends" any more either. Same goes for family.
 
Quote from Random.Capital:

Most wealthy folks worked hard to get it. Most people who work hard will never be wealthy or even, frankly, much above average.
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"Working hard" isn't the only component. Usually must work hard at something which has the potential to pay off big.... and that usually means doing something that most cannot or will not do.
 
Quote from Humpy:

Behind every successful man used to be a capable woman, but women have got so stroppy lately I would like to change woman into capable gopher/secretary/man Friday sort of helper.

I don't think Steve Jobs etc. had all their bright ideas etc. on their own - do you ?
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Steve Jobs had it's inspiration during the erotic hours at night
 
Quote from MarketMasher:

Why not both? Why do they have to be mutually exclusive??

He got lucky to get the case, then worked hard on it.
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Exactamundo.
Bottomline: you gotta know when real opportunity knocks; gotta keep your head in the game during the tough times.

What really sucks in life is when you find an opportunity, work hard, and then discover it wasn't such a great opp after all. Then later, a really good one comes along and you say to yourself "Why should I work hard ?....it's probably going to be like the last one"....
and then you end up blowing a great opp !
 
Quote from Scataphagos:

"Working hard" isn't the only component. Usually must work hard at something which has the potential to pay off big.... and that usually means doing something that most cannot or will not do.
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Anything can pay off big if you are smart enough and determined enough. You can become filthy rich selling toothpicks if you really want to. You get out of something what you put into it. The sad thing is now a days no one wants to put effort into anything it's all about what can you give me or what can I steal from you....too many lazy dishonest people with no morals want everything handed to them.
 
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