SI
SI
discoversearch

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.
Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (312898)12/8/2024 11:09:14 AM
From: koan  Read Replies (1) | Respond to of 362685
 
You do not have a clear understanding of reality.

Humans are born intellectually limited to concrete thinking, and learn abstract thinking after many years of study and to be wise.

And that takes time, which is why public education is so important.

But if a person is insane, then that trumps wisdom and the person struggles to see reality.

I have 6 years of university statistics, and wrote the first computer program for an analysis of variance, in an honors class over 50 years ago using fortran.

<Message #312898 from Maurice Winn at 12/8/2024 1:49:30 AM

Koan, I know probability, statistics and maths aren't your strong points, so I'm happy to explain for you.
The top one percent has more wealth than the bottom 50%.
The bottom half always has nothing because they are wastrel spendthrifts and will even borrow to buy a lottery ticket. If they'd live within their means they could accumulate assets and even become mini capitalists.

Starting from nothing and making progress from there is actually fun. Not all the time of course. Some jobs are dirty, dangerous, unpleasant. That's part of the challenge. One does need to not suffer envy of the silver spoon crowd. But success is great.

I guess it's like mountain climbing which people will pay to do, and often die in the attempt, to get the feeling of achievement. I preferred to be paid for my hazardous, boring, difficult, exhausting jobs.

It's good that people earn $ billions. They can afford to take huge investment risks that regular people can't as the regular people need to ensure they can keep buying food. So Elon, Irwin Jacobs, others, can invent and produce $trillions in value that the rest of us can enjoy.

Envy is evil.