I've seen people I work with become rich, and what I noticed about some of them is that they don't care about being 'nice', they are happy to treat everyone like they owe them something. Being nasty in business works, better and for far longer than it should. I always felt that if I was to succeed or fail, It will be on my own terms and my own thoughts about how to operate ethically, so I became my own boss. 15 years or so later I'm not rich by SV standards, but I did manage to buy a house as a 35yo millenial near the peak of the market off the back of doing what I thought was right. And I'm proud of that. I don't know if I'd call myself smart, but I would suggest that intelligent people are aware of what being ruthless in the pursuit of money will do to those around them, and many will choose not to abuse their intelligence knowing that it would hurt others. Or at least I'd like to think so.
Yeah, this is why "If you're so smart, why aren't you happy?" version of this sentence is a million times better. It should also trigger a healthier type of introspection.
"I have seen something further under the sun, that the swift do not always win the race, nor do the mighty win the battle, nor do the wise always have the food, nor do the intelligent always have the riches, nor do those with knowledge always have success, because time and unexpected events overtake them all."
From Ecclesiastes 9:11, which came to mind immediately when reading this.
The book itself has more than a few apt / sobering observations like this, concluding at 12:13, somewhat abruptly after a sort of 'case study' on the futility of life without God.
Having just taken an IQ test out of curiosity, they strike me as testing very little beyond the ability to pattern recognise and extrapolate.
Having pattern recognised and extrapolated to my perception of the wealth-happiness curve, it seems that when your wants are met by your current wage, wanting more money is paradoxical -- it requires either time or stress that take away from the many other richnesses of life.
A little ambition (and savings) is good -- you can't recline too far back into the comfort zone -- but wealth never struck me as a particularly important measure of a person.
Could you please expand on that ? I haven't found any sources, the only thing that pops up is a bullshit claim by Jordan peterson, that has been debunked as, at best, an oversimplification.
I ask myself this question on a regular basis. I feel a type of way when I see people who I don't consider to be as smart as me being richer than me. The smartest people I know aren't even the richest. It's as though there's an inverse correlation. Lol.
Here's a number that should make you vomit: IQ explains about 21% of income variation. That's it. Four fifths of why someone makes bank has nothing to do with their brain. Nobel economist James Heckman ran the numbers harder and found IQ accounts for 1-2% of income variance when you factor in everything else. One to two percent. Your SAT score is basically a rounding error on your paycheck.
he's ignoring individual preferences. In the context of a career setting, making a lot of money is conditional on passing the screening and interviews, which are indirectly IQ filters. So people who are smart and whose preferences are aligned towards wealth accumulation are at an advantage. You don't get into Jane Street unless you're smart.
I was hoping this would end on a lighter note which gives some credit (praise?) to those who don't strive for wealth/ money. Alas, this is not the case. Or did I misinterpret what the author is trying to say?
Edit: just read another comment which validates what I was thinking:
> This wasn't worth reading. It is basically a giant wall of text, potentially AI generated, drawing comparisons that aren't important nor do they get to the call to action.
Readit News
Dead Comment
The book itself has more than a few apt / sobering observations like this, concluding at 12:13, somewhat abruptly after a sort of 'case study' on the futility of life without God.
Having pattern recognised and extrapolated to my perception of the wealth-happiness curve, it seems that when your wants are met by your current wage, wanting more money is paradoxical -- it requires either time or stress that take away from the many other richnesses of life.
A little ambition (and savings) is good -- you can't recline too far back into the comfort zone -- but wealth never struck me as a particularly important measure of a person.
Those that are above 83 will perform better than anyone under that number regardless of training. The military has quite a lot of research on this.
That's about all its useful for.
https://www.rxjourney.net/trapped-in-the-matrix
he's ignoring individual preferences. In the context of a career setting, making a lot of money is conditional on passing the screening and interviews, which are indirectly IQ filters. So people who are smart and whose preferences are aligned towards wealth accumulation are at an advantage. You don't get into Jane Street unless you're smart.
Dead Comment
This one gave me a proper chuckle