How rich people get rich

Luck is the most generically accurate, but ultimately it does come down to birth lottery, as someone can just be born poor and disabled and no amount of post-birth luck is going to fix that.

So can you answer his question or did you just see an opportunity to brag about yourself.

So the birth lottery of being born in Canada rather than Syria, then?

How do you run a business without employees? What kind of business is that? Just because you call someone a self-invested owner doesn't mean they aren't an employee. The only types of businesses I've heard of like this are Mary Kay and AmWay (there may be others I don't know). Basically a sales ponzi scheme where you are the wholesaler for a distributor and the "self-invested owner" bought their products from you instead of directly from the wholesaler.

I do agree with your stance on the state of education today but not in the same way. Some people party all through school and live off loans while others work during school to avoid loans. For every 1 person that takes the opportunity seriously and busts their ass to make something of themselves, there are 9 people who don't deserve the free pass. Making it free for everyone costs too much for those who have to pay for those 9.

r/thattotallyhappened

You might or might not be referring to the fact that Monopoly was originally made to showcase exactly that; the impossibility of living under such a system.

https://en.m.wikipedia.org/wiki/The_Landlord's_Game

That's the original title.

They took a risk and millions took risks in millions of other stocks and failed. So yea it's luck.

That's like the actual definition of gambling

I like that downvoted comments are no longer hidden but Pareto would like to tell you the ratio is 80:20.

4 in 5 people pick the wrong start-up and lose everything.

The remainder are busy rationalizing their luck as skill.

You're right. They also had to have had the resources to blow on a pipe dream that blew up by chance.

So it's luck, privilege, and thrn more luck on top of if.

Or they could be employed at those places and get stock as a benefit. My current job is that way. It is still risky to keep a lot of eggs in one basket, but it can pay off if your employer is a newer publicly traded company.

Oh, I read it as half the people won the birth lottery, the other half exploited people.

As a 50/50 split for the person yeah that's what it would be

Just how I read the images sorry :)

It works even in the United States. If you sell a stock within a year of owning it, you get charged like 30% extortion. If you sell it after a year, you get charged your normal extortion rate. And if you borrow from it, you get charged zero extortion.

I'm not asking you, I'm telling you

My point is that oversimplification and being incorrect matters.

Which many other people including myself had and yet I'm not rich

I mean, I consider having 13 cars and 3 houses rich. But yeah it's a relative term

For sure, never ever trust a wealthy person's origin story. Even trump and Musk claim to be self made.

Much better to go with the evidence of our eyes and ears.

You are dumb I agree. Because that's what it takes to make up stories about other people's lives to make yourself feel better.

These were people that literally grew up without indoor plumbing or electricity for years, in a community where owning a car meant you were rich. They were sharecroppers so they owned nothing and slaved away to make rich people money.

But sure they weren't dirt poor because some dickhead on the Internet wanted it to not be true so they could keep generalizing people different than them as all the same.

In this community, yes

There is no point to language because everybody has already convened on the one truth