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Your analogy (quite common on HN) is bad because it totally disregards the weight of luck in these two situations.
by Scea91 9y ago
Your analogy (quite common on HN) is bad because it totally disregards the weight of luck in these two situations.
- coldtea 9y agoExactly. Lottery winners are multiple, week in, week out, in each country. Multi-billion entrepreneurs remain 200 or so in 8 billion for years. So it's hugely less probable. And I'm fairly sure IQ and DNA and work ethic is not that different between 8 billion people to account for such huge a skew in outcomes. In fact we know that IQ is a regular bell curve (and Bezos or Jobs) are nowhere near its upper right limits. In fact, I'm willing to bet that people with higher IQ, better work ethic and better education than multi-billionaires that are not multi-billionaires. So it's either some mystical "being good in entrepreneurship" skill (which is tautological way to say their good in business because they're good in business) that they possess, or luck plays a huge role in their ascend.