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Incelius Savage is The Godfather of Inceldom
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- Jul 23, 2021
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If You’re So Smart, Why Aren’t You Rich? Turns Out It’s Just Chance.
The most successful people are not the most talented, just the luckiest, a new computer model of wealth creation confirms. Taking that into account can maximize return on many kinds of investment.
getpocket.com
I read this article that says wealth is simply from chance than explanations of individual merit and talent.The team studied three models, in which research funding is distributed equally to all scientists; distributed randomly to a subset of scientists; or given preferentially to those who have been most successful in the past. Which of these is the best strategy?
The strategy that delivers the best returns, it turns out, is to divide the funding equally among all researchers. And the second- and third-best strategies involve distributing it at random to 10 or 20 percent of scientists.
Are we just deeply unlucky from birth?