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Ask HN: If you're so smart how come you're not rich?

news.ycombinator.com

41–50 of 89 posts

Re: Ask HN: If you're so smart how come you're not rich?

#41
First decide what you want and then commit to achieving it.

If you don’t want to work for a boss, then you have to start your own business or work for yourself.

If you want to make more money then you have to decide how much and change your job to accommodate that.

Re: Ask HN: If you're so smart how come you're not rich?

#43
I think I am smart but I am lazy, and I have this unquenchable thirst for knowledge. I rabbit-hole into things and never completely finish a project that I start. I have so many abandoned GitHub repos that might have panned out if I had put focus and effort into them. So I think my lack of motivation and interest could be a factor in me not getting rich.

But I am happy with my 9-5 job that provides enough to take care of the people I love.

Re: Ask HN: If you're so smart how come you're not rich?

#44

Start loving yourself. Have you ever fell in love to the point where you’d do anything for that person and that person can do no wrong in your eyes? Make that person yourself. Takes practice!

This provided some much needed perspective. Thank you.

Re: Ask HN: If you're so smart how come you're not rich?

#46
post #39

I mean are you aggressively focused on pointing your intelligence in the direction of accumulating wealth? If you are and it's not working then you probably aren't as smart as you think you are. If that's not what you are optimizing for, be that lifestyle, or pursuit of interests, then there is no reason to expect the two to be correlated.

That's quite simplistic view on a super complex network

Re: Ask HN: If you're so smart how come you're not rich?

#47
post #4

This is what I found by Googling around: 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. https://www.technologyreview.com/2018/03/01/144958/if-youre-...

But none of the self made billionaires is low in IQ. So this is a given and you need luck too. People dismissing success with luck are wrong.

Re: Ask HN: If you're so smart how come you're not rich?

#49
post #34

Earlier quoted context omitted.

For me, rich is someone who does not need to work. Someone who can retire at any given moment.

Honestly I never saw the appeal in this. I call it the Disney princess effect - most of them are rich enough to not work, but they end up lost and drafted into things that are bigger than themselves. They end up working harder than anyone. Maybe a rich person is someone who has enough that their priority is not personal wealth. Also under that definition, developing nations are richer than developed nations, as devel…

It has to do with options. When you have fuck you money you have the option of refusing to do anything you disagree with.
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