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Plenty of hard-working Senior VPs at hedge funds never become billionaires. Hedge funds themselves tend to rely on a good deal of luck plus skilled marketing.
by scottLobster 4y ago
Plenty of hard-working Senior VPs at hedge funds never become billionaires. Hedge funds themselves tend to rely on a good deal of luck plus skilled marketing. If Bezos had been working at DE Shaw during an economic downturn, would he have had the same future?
Was it "just" luck? Of course not. But I'd argue luck is the primary difference between being in the top 1% vs being in the top 0.001%
- geodel 4y agoIndeed. I'd guess extreme hard work is a given for at least thousand times more people than number of billionaires in the world. So great luck or series of great lucks is one thing that would set billionaires apart.