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While generational shifts are a pre-condition to becoming _that_ wealthy, they're not enough. Plenty of people were alive then (and had the resources required t
by maest 4y ago
While generational shifts are a pre-condition to becoming _that_ wealthy, they're not enough. Plenty of people were alive then (and had the resources required to bet big), but there's only a handful of Gates and Bezos. To make it that big you need to:
1. be at a point in history where you can bet big
2. have the resources to do so
3. be right
4. put in the work
All are required. I feel like supporters overemphasise 3. & 4. and detractors hammer on 1. & 2.
Now, the good news is you don't need to reach tech-billionaire levels of worth - and virtually everyone here won't. If you're happy with an orders of magnitude lower net worth (which is still in the 99th percentile), there are other ways to get that which don't require 1. You still need 2,3 and 4. That's good news because there aren't many opportunities for 1. (off the top of my head, trends that _look_ like they'd fit the bill currently are crypto, VR, space stuff, fusion energy, ESG, human longevity)
- WalterBright 4y ago5 years from now, you will rue today as you didn't see the opportunity in front of your face. Someone is in a garage right now becoming the next billionaire that you (and me) muffed.