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Could you give an example of such a comparison? Are you saying rich people are better able to estimate the risks and trade-offs for their decisions?
by aevernon 13y ago
Could you give an example of such a comparison?
Are you saying rich people are better able to estimate the risks and trade-offs for their decisions?
- VLM 13y agoTypical example would be car choice. Middle class dude selects based on TV commercials, friends opinions, and conspicuous consumption, ending up with a giant pickup truck typically, however most rich dudes drive something quite a bit more modest. I should point out I'm talking more about "people who become rich on their own" rather than lucky lotto winners or lucky selection of parent or trophy spouse or whatever.