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Topic: Study says being rich is determined by chance rather than intelligence or talent - page 21. (Read 3009 times)

member
Activity: 280
Merit: 10
Yes some are born rich having rich ancestors and some become rich due to luck and fate in investing in crypto currency but there are instances that people will become rich also due to their hardworking and smartness in the way they manage their lives.
newbie
Activity: 59
Merit: 0
Being rich is when you have intelligent, hard work, and determination. But by chance is only given once in a lifetime, but make sure if you have that chance to become rich, you must work for it and do all you can to maintain it.
sr. member
Activity: 396
Merit: 252
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This article is a well educative one and of a truth I really see some point that actually change my perception about been rich.  I think riches is a combination of both be intelligence and favour or luck. Many are born being rich and and some being poor but I just believe is just about the universals' laws of kama or couse and infect.
What do you mean on universal laws? Can you give some example in detail. I think its luck also but not at all times its more on luck because your interest and intelligence will lead your path to those kind of work or activity that you will give effort, time and sometimes money to win in and earned.
jr. member
Activity: 196
Merit: 1
Yes, I agree with this argument. I think if actually getting rich is just the luck factor of each person. Sometimes people who have more intelligence and talent can not even take advantage of what is inside of him. But people who do not have more knowledge can become rich because of their hard work.
full member
Activity: 462
Merit: 100
this study is true most of the rich people come from rich families. But there is still a chance for us to try and innovate to create new things that can make us a new rich person. Bitcoin has created many new rich people hopefully in the future bitcoin still exist and make the poor rich.
This is not true, those that are rich most of the time are rich because of their own effort, the families that are rich for a very long time are very rare because at some point the person that made all the effort to become rich dies and gives his money to his children which most of the time do not really know what was needed to do in order to get that money so they squander it.
Yes, wealth comes only to those who really try, you have to try to work when the opportunity comes to you to grasp and become richer. Even so the opportunity sometimes comes very quickly and the rich will know how to grasp it. If it goes through it will be very difficult to come back. I believe that luck and opportunity only come to those who truly try.
newbie
Activity: 33
Merit: 0
yes, i agree because poverty is not the hindrance to succes,  But sometimes we accept  failure in our goals in life , I  wonder  why my peers seem to be prospering my way more than my talent, it might not be because they're better at their jobs it's probably just down to random chance, according to a new computer model of wealth simulation and high technology. Charting a working lifespan more than 40 years.
member
Activity: 490
Merit: 17
This article is a well educative one and of a truth I really see some point that actually change my perception about been rich.  I think riches is a combination of both be intelligence and favour or luck. Many are born being rich and and some being poor but I just believe is just about the universals' laws of kama or couse and infect.
legendary
Activity: 3346
Merit: 1352
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It is a combination of many factors. You can't say that 100% of the rich people are intelligent and hardworking, while 100% of the poor people are retarded and lazy. But it is true that the vast majority of the rich people are intelligent and hardworking, and most of the poor are lazy and uneducated.
sr. member
Activity: 462
Merit: 515
You obviously fail to see my point. You don't see the forest for the trees. Microsoft's products were not shitty, they were so-so at best (in fact they quite were). There were more than enough competing products likely much better than Microsoft's but their developers didn't have their mothers on friendly terms with CEO's of biggest corporations. This is where luck comes to matter a lot, actually enough to make all the difference.

Market utility isn't superficial because it's the actual root cause of wealth. You couldn't turn that example around because simply reversing the words wouldn't make it true. Money isn't actual wealth, it's a representation of wealth you've accumulated through the efforts of what you offer the market, either through the products you make or the services you offer. The more utility those goods and services have, the more money you ultimately will acquire. But you don't get the money without the utility, that's how you know it's the cause of it.

If so, why don't you address the point which I made? How are you going to create that market utility in the first place when you have to compete with or rather against corporations which have literally thousands of personnel in R&D departments? In most cases, your only chance is pure luck, end of story.

This has essentially devolved into a chicken and egg discussion. Because you couldn't win the point against the notion that market utility is what causes wealth (as opposed to some of your earlier assertions, like it's caused by luck or caused by money, which failed to recognize that money is just a representation of wealth and not the actual cause of wealth), you're now trying to undermine the market utility argument by claiming that the only way you can create market utility is through luck. It's a ridiculous argument to make. It completely ignores ingenuity as any kind of force in the market. You might as well be saying that there's no point in trying to do anything in the marketplace because it's completely random and winners and losers are determined by chance. When you take that argument to its logical conclusion, you realize what a ridiculous point it is.

Now you are trying to deliberately distort and twist my point. I don't say that luck is the only way you can create market utility, yet it pretty quickly comes down to that in any saturated market which is divided by corporations with their huge budgets. To keep things real, can you name, for example, a startup which came up with a new processor recently? There is none. The only one that I can think of is Transmeta. But it still failed in the end by offering a subpar "market utility". Your realistic chances (besides some really impossible turn of luck) lie in new fields which haven't yet been taken over by the same big guns.

No matter how many times you end a paragraph with "end of story," it doesn't make your points any stronger. It looks like an attempt to claim an authority your points are completely failing to establish.

Now that you don't want to talk about Microsoft success and Bill Gates being a genius any more, I safely conclude that we can finally call it a genuine end of story.
hero member
Activity: 2002
Merit: 535
this study is true most of the rich people come from rich families. But there is still a chance for us to try and innovate to create new things that can make us a new rich person. Bitcoin has created many new rich people hopefully in the future bitcoin still exist and make the poor rich.
I am not sure how you came to this conclusion, if being rich is not determined by hard work and intelligence then half of the worlds population would be rich by now, there are people who are making money by taking chances but you need to have a combination of everything to be successful in life, knowledge is more important to be successful and the drive to make money will determine where you end up.
full member
Activity: 182
Merit: 100
In my own opinion, I do believe that we can determined it by the ability of the a person. Many people were became rich just because of their abilities. Yes I do believe in chance, Of  course if you have a chance you should grab it. Some people also used their intelligence to become rich.

That is true, some people are becoming rich because of their abilities not by intelligence. But it is just a plus factor that you are a skilled and a intelligent person. but chances? yes I do believe in it, If you have it then grab it. 
I totally disagree with this statement and judgment how ignorance it is? You should not ignore the intelligence and hard work of an investor and definitely it is a thing of business so hard work is needed. Chance also is very important but in this case I assume that Bitcoin is a chance and is for everyone not for certain people and intelligent and hard work is required in this Business.
member
Activity: 350
Merit: 10
this study is true most of the rich people come from rich families. But there is still a chance for us to try and innovate to create new things that can make us a new rich person. Bitcoin has created many new rich people hopefully in the future bitcoin still exist and make the poor rich.
This is not true, those that are rich most of the time are rich because of their own effort, the families that are rich for a very long time are very rare because at some point the person that made all the effort to become rich dies and gives his money to his children which most of the time do not really know what was needed to do in order to get that money so they squander it.
sr. member
Activity: 1638
Merit: 300
In my own opinion, I do believe that we can determined it by the ability of the a person. Many people were became rich just because of their abilities. Yes I do believe in chance, Of  course if you have a chance you should grab it. Some people also used their intelligence to become rich.

That is true, some people are becoming rich because of their abilities not by intelligence. But it is just a plus factor that you are a skilled and a intelligent person. but chances? yes I do believe in it, If you have it then grab it. 

For me, what you are saying is wrong. You see, a kid is being found to have a talent or a skill into something and parents will finding a way to improve their childs and that is why I am saying that you are wrong.

Before it becomes an ability or a skill, you must have a knowledge about that thing because sometimes we knew something that we thought we are better at it and we immediately immersed ourselves into that without really taking our time acquiring knowledge about it. For example, friends say that we are good in playing games so we join competitions because they said that you are good but you do not know that there is a lot of other players that are using their skill and knowledge the reason they are better than you. Those two is important because without the other one, you will not be able to improve yourself.
legendary
Activity: 2044
Merit: 1115
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You obviously fail to see my point. You don't see the forest for the trees. Microsoft's products were not shitty, they were so-so at best (in fact they quite were). There were more than enough competing products likely much better than Microsoft's but their developers didn't have their mothers on friendly terms with CEO's of biggest corporations. This is where luck comes to matter a lot, actually enough to make all the difference.

Market utility isn't superficial because it's the actual root cause of wealth. You couldn't turn that example around because simply reversing the words wouldn't make it true. Money isn't actual wealth, it's a representation of wealth you've accumulated through the efforts of what you offer the market, either through the products you make or the services you offer. The more utility those goods and services have, the more money you ultimately will acquire. But you don't get the money without the utility, that's how you know it's the cause of it.

If so, why don't you address the point which I made? How are you going to create that market utility in the first place when you have to compete with or rather against corporations which have literally thousands of personnel in R&D departments? In most cases, your only chance is pure luck, end of story.


This has essentially devolved into a chicken and egg discussion. Because you couldn't win the point against the notion that market utility is what causes wealth (as opposed to some of your earlier assertions, like it's caused by luck or caused by money, which failed to recognize that money is just a representation of wealth and not the actual cause of wealth), you're now trying to undermine the market utility argument by claiming that the only way you can create market utility is through luck. It's a ridiculous argument to make. It completely ignores ingenuity as any kind of force in the market. You might as well be saying that there's no point in trying to do anything in the marketplace because it's completely random and winners and losers are determined by chance. When you take that argument to its logical conclusion, you realize what a ridiculous point it is.

No matter how many times you end a paragraph with "end of story," it doesn't make your points any stronger. It looks like an attempt to claim an authority your points are completely failing to establish.
sr. member
Activity: 462
Merit: 515
I don't think that it is only determined by the chance because it is always about determination and how hard working you are. If you are really hard working then you can easily reach to become rich because being rich just need work and patience and if you have those two which is determination and also patience then you can become rich and you don't need to depend on chance.

Millions of people are working hard, and it is not likely that you will be working 10x as hard as an average workaholic. In these circumstances, it is luck that becomes a major factor, whether you like it or not. Working hard can help you live a decent life, maybe somewhat above average but nothing much beyond that. You do need a genuine luck to break out of your daily routine and a typical lifestyle that every Tom, Dick and Harry enjoy. Unless you are already born into riches, of course.
sr. member
Activity: 434
Merit: 250
In my own opinion, I do believe that we can determined it by the ability of the a person. Many people were became rich just because of their abilities. Yes I do believe in chance, Of  course if you have a chance you should grab it. Some people also used their intelligence to become rich.
Yes, and another thing you can't be rich by just ability and intelligence of a person you should have an opportunity to grab. There must be opportunity in your side for you to become rich and successful. What is the essence of being smart and talented, or even industrious if there is no chance right? And bitcoin is a chance to all bitcoin users. It is the bridge for us to be rich and successful.
newbie
Activity: 98
Merit: 0
In my own opinion, I do believe that we can determined it by the ability of the a person. Many people were became rich just because of their abilities. Yes I do believe in chance, Of  course if you have a chance you should grab it. Some people also used their intelligence to become rich.

That is true, some people are becoming rich because of their abilities not by intelligence. But it is just a plus factor that you are a skilled and a intelligent person. but chances? yes I do believe in it, If you have it then grab it. 
jr. member
Activity: 112
Merit: 1
I don't think that it is only determined by the chance because it is always about determination and how hard working you are. If you are really hard working then you can easily reach to become rich because being rich just need work and patience and if you have those two which is determination and also patience then you can become rich and you don't need to depend on chance.
Hard work is the key to success so a hardworking person can be more successful than a working person. if you know how to work then it is good, increasing price of bitcoin will help you get more profit and you will rich faster than before, getting fast profit is not the issue but getting profit and wasting it is the issue so for me it is important to be determined that you will not waste your earning and you will work hard so you can get your goal you will but have to do much but fix your goal of investment and then work for it, focus on your way to get rich, with high determination.

Bitcoin is the sharp tool that gives a chance to the people to the life of being rich, a lot of people now are reach because of the bitcoin. Some people are rich now because of their ability and one of my example is Manny Pacquiao who are rich now because of his talent in boxing and William Henry Gates III is an American business magnate, investor, author, philanthropist, humanitarian, and principal founder of the Microsoft Corporation who are now rich because of his intelligence. For me being rich is all about your hard work and determination to reach your goals and dream.
member
Activity: 280
Merit: 10
I don't think that it is only determined by the chance because it is always about determination and how hard working you are. If you are really hard working then you can easily reach to become rich because being rich just need work and patience and if you have those two which is determination and also patience then you can become rich and you don't need to depend on chance.
Hard work is the key to success so a hardworking person can be more successful than a working person. if you know how to work then it is good, increasing price of bitcoin will help you get more profit and you will rich faster than before, getting fast profit is not the issue but getting profit and wasting it is the issue so for me it is important to be determined that you will not waste your earning and you will work hard so you can get your goal you will but have to do much but fix your goal of investment and then work for it, focus on your way to get rich, with high determination.
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