Randomness - Skilled Vs Less Skilled , Wealthy vs. Rich
Why some people who’re not so skilled or hardworking become richer ( or more successful) than the people who’re more skilled and hardworking than them !
Here’s something to think about :
To be successful , one requires 3 things :
- Timing
- Skill
- Aggressiveness/ Risk - taking (size of the bet )
So here comes the randomness !
Few people ,who’re less skilled, happen to be aggressive ( risk- takers ) at an appropriate time !
And they happen to earn more than the people who’re more skilled but could not become aggressive at a right time !
Having Wealth Vs Being Rich
Randomness can make someone rich but to be wealthy one has to be skillful too* Being wealthy is the result of being aggressive time-to-time - repeating the same over several times throughout the life .
Wealthy Vs Rich - Difference !
Being rich is that you can have lifestyle or top 1% of world’s population! Being wealthy means that your 7 generations can have world’s top 1% lifestyle without doing anything( condition is that they should not involve too much in 3 Ls -Leverage/Liquor/Ladies)
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