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And thus the problem with IQ tests... Wealth isn't like that though. If I have X Peso's (Or Dollars, etc) and you have X + Y then you are richer (for any posit
by whatusername 18y ago
And thus the problem with IQ tests...
Wealth isn't like that though.
If I have X Peso's (Or Dollars, etc) and you have X + Y then you are richer (for any positive value of Y).
The only 2 limits to comparison that I can see is:
* Liquidity - (ie - Bill Gates can't sell all his MSFT stock without the price crashing significantly)
* Historical Data - How do BillyG/Buffet/Slim compare to Rockefellar and King Soloman?
- eggnet 18y agoActually it is the same. As you point out, the formula for converting all of the forms of wealth into the same units is subjective. In order to determine the richest person in the world this is just as important as defining the right way to measure the smartest person. And both equally pointless.