Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Spheres who wrote (57389)	12/21/2004 2:45:12 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<your brain power-to-wealth comments are quite off the mark> Not at all Spehres. There is a direct correlation between brainpower and income. Even on a national basis. Scroll to the bottom of this for the expected incomes lagriffedulion.f2s.com Of course you are right that wealth makes wealth. That's another variable, but not the most important one. That's why most wealth is made by the person who actually owns it and the old idea of poverty to poverty in three generations. Not many dynasties, even little ones, last three generations. Some man [not woman usually] puts in the brains and effort and makes a lot. The next generation manages to keep it going for the most part, but doesn't normally add much and by the third generation it's on the way out. A good start is to be handed a chunk of wealth. But a better start is to be handed a bunch of talent and personality. Of course there's more to life than money, but most of us know that money helps us do the things we really want to do, so it helps; a LOT. It's not money-grubbing to want to earn a big load of money. <Rarely will you find a scientist that charted their career to make big $$$ > I can think of Irwin Jacobs, Andrew Viterbi, Klein Gilhousen, and co for a start, and I am very grateful to them for doing so. Money is a great invention, like metres, kilograms, CDMA and ASICs. It seems peculiar to me how people denigrate money as though it has something bad about it. They don't denigrate kilograms so vituperatively. Merry Xmas and an extremely prosperous money-grubbing New Year to you and all. Mqurice