Isn't it rather the money they have access to, from their parents, that allows them to invest, rather than spend all of their money on subsistence? Hearing how

Isn't it rather the money they have access to, from their parents, that allows them to invest, rather than spend all of their money on subsistence? Hearing how dad weathered a hostile merger, or a neat tax shelter, doesn't mean much if you aren't in a place to have that happen to you in the first place.