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by bouncing_bolete
22 days ago
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I agree that intelligent people often get railroaded into a certain kind of life, but I think the prognosis is still a little off. It's clear in the US that owning a successful company has some of the highest outcomes possible in society (if financial freedom is the goal). People who don't have those types of things in mind can only be so smart in my book. |
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Having access to capital is much more important than smarts, which is why so many people starting businesses have generational money propping them up, or as a safety net. Even smart people are usually reliant on that family capital. Bill Gates’ parents were millionaires, Musk and his dad’s emerald mine, Thiel started his first hedge fund with a million dollars raised from “friends and family”.