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The system governing the creation of new super-rich is effectively a lottery. It runs on exactly this hope; that it's possible to get back vastly, incredibly di
by EliRivers 10y ago
The system governing the creation of new super-rich is effectively a lottery. It runs on exactly this hope; that it's possible to get back vastly, incredibly disproportionately more than you put in, stupefyingly out of all proportion to the risks and commitment that you made, and that if you're the right person in the right place at the right time, and you get lucky, you'll be one of the lottery winners. The whole point is not to "earn" these winnings; it's to win them.
There's a big difference between the 0.1% winners, and people who spend thirty years painstakingly building a business.