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by jere 2960 days ago
I suppose lottery winners are good at accumulating wealth too.
1 comments

You actually strengthen basementcat's point. There have been many stories about how lottery winners often end up worse off than they were before. Handing someone 100 million dollars won't keep them rich if they are bad at handling money. Apparently this is proven by research of lottery winners: https://www.mitpressjournals.org/doi/abs/10.1162/REST_a_0011... and https://www.usnews.com/news/articles/2016/01/12/odds-are-15-...
That does not strengthen that point, quite the opposite, one might argue:

People who were never exposed to having money to begin with don't know what to do with it. Having money from the start (rich parents) gives you a head start.