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/biz/ - Business & Finance


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11635009 No.11635009 [Reply] [Original]

Why are black people so spectacularly bad at investing and money management in general?

>> No.11635038

Cause whitey burned down black wallstreet.

>> No.11635058

>>11635038
The Egyptians invented bitcoin!

>> No.11635072

>>11635009

The environment that a niggers prefrontal cortex evolved in was one which required no real forward planning.

There are no real seasons in West Africa. The environment year round is the roughly the same constant temperature. Animals and plants are abundant. No forward planning for harsh winters was necessary, so impulsivity rather than calculated planning thrived within the brain of the negroid race.

Rearing children did not depend upon the seasons and food availability as it did with those in Europe, Siberia and Asia. You could muh dik your nigress and pop out niglets at all times of the year, so self-restraint was never a trait selected.

Fast forward to the modern age - negroid's brain is still impulsive. Buy overpriced sneakers despite having no job, commit crime on a whim, shit out niglets without financial backing, depend on the environment to provide you with what you need - i.e. gibs.

Meanwhile the Asian and White brain evolved in tough environments which required collaboration between tribe members, forward planning, constant adaption to the environment. Hence why whites and asians exceed in logic based areas, have a higher standard of living in general and commit less crime. We also have Neanderthal DNA mixed within our genome, again a species which evolved in the harsh ice age environment and whose traits have been absorbed.

>> No.11635090

>black
>people

>> No.11635103

>>11635009
Smh these are the blacks we intellectuals don't claim. I am 21 y/o and I won't spend more than $100 on anything other than investments. I currently sold all my crypto, own 7 oz of gold, 200 oz of silver in storage, and roughly 20k cash waiting for an economic crash/wealth transfer on 11/11

>> No.11635166

>>11635009
If you ever grew up in an urban area you would understand that 90% of black americans are extremely dumb.

>> No.11635184

>>11635166
I didn't, I grew up in the suburbs and only really interacted with black people in college. They seemed okay but incredibly impulsive (never studying, spending their last $50 on weed when payday is a week away, constantly stealing from the bookstore, etc.) compared to the whites and Asians on campus and I've always wondered why that was.

>> No.11635355

Alright everyone it's time to pack up and go back to the /pol/ hugbox

>> No.11635370

>>11635009

Jesus Cletus, will you knock it off? Don't you have a sister to impregnate?

>> No.11635388

>>11635103
based

>> No.11635526

>>11635103
BASED NIGGER

>> No.11635538
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11635538

>>11635009
>black people
>black
>people

>> No.11635567
File: 49 KB, 479x518, thelawinisrael.jpg [View same] [iqdb] [saucenao] [google]
11635567

>>11635009
High time preference because >>11635072
High time preference, if left uncorrected (and in the case of the nigger it is pretty much uncorrectable) makes one very poor, very fast.
>>11635370
>Racial awareness = being a redneck
I wonder who could be behind this post?

>> No.11635577

>>11635009
There have been studies that show a positive correlation between IQ and personal discipline. Low IQ people are more likely to act on impulse and buy shit on a whim. They don't have any future orientation nor do they see alternatives possibilities as quickly as higher IQ people.

>> No.11635620

Centuries back, the Africans sold into slavery were the thieves and vagrants of their societies. Even among a race that's low-IQ and low-time preference as a rule, we ended up getting the lowest of the low in the Transatlantic trade.

>> No.11635653
File: 618 KB, 600x461, 1533198507537.png [View same] [iqdb] [saucenao] [google]
11635653

>>11635370

>> No.11635664

>>11635058
WE WUZ SATOSHI N SHEEIT

>> No.11636073

>>11635009
Genetics. Proven over and over again that they do not know how to plan for future events because they never had to anthropologically.