Or you can hire people who are talented. Another advantage of the extra-rich is that they don't rely on their skills alone. As the article says: "Specifically,

Or you can hire people who are talented. Another advantage of the extra-rich is that they don't rely on their skills alone. As the article says: "Specifically, for given portfolio allocation, individuals who are wealthier are more likely to get higher risk-adjusted returns, possibly because they have access to exclusive investment opportunities or better wealth managers"