4 ms·
Just read Taleb's Fooled by Randomness chapter on The Millionaire Next Door to understand why this article is, at best, useless.
by angarg12 5y ago
Just read Taleb's Fooled by Randomness chapter on The Millionaire Next Door to understand why this article is, at best, useless.
- jonwinstanley 5y agoWhy is it useless?
- mdorazio 5y agoThe author got incredibly lucky multiple times in ways that are flat out impossible today. This is a shining example of survivorship bias touted as “I did it and so can you!”. Good for the author - he’s clearly industrious and made smart decisions, but treating this as a guide for anything other than “increase your luck surface and take calculated risks” is not going to help many people.
- digianarchist 5y agoIt’s like reading How to Be Rich by John Paul Getty and concluding you should go exploring for oil.