| But it never is by the rules is it? A ton of startup founders striking it rich were already rich. A ton of scientists in the medieval and rennaisance era were already rich. People who went to university back in the day had an advantage because they had knowledge no one else had. I'm seeing a couple of patterns, they are: 1. You need to have a solid base in life and quite some free time in order to invest in a competitive advantage. This used to be knowledge, but now this is less the case. 2. People who are able to game supply/demand mechanics will win in the game of money. Some people don't play that game, they also win (by focusing on their own goals). Other people who do play that game simply lose. 3. Currently having a strong network is a competitive advantage. I feel like these things really follow the theory of (I forgot what it was called): something that is an advantage becomes a requirement 15/30 years later. |
We see this within the realm of college competition itself. 20 years ago, shiny new dorms, rec facilities, and food service was a competitive advantage. Now, it's a requirement that drives up costs for everyone.