/biz/ - Business & Finance

>>54320381
thres no lie

>>54320381
Hans Hermann Hoppe?

>>54320510
>Hans Hermann Hoppe?

Yes. From Democracy: The God That Failed.

>>54320381
It's impossible to have low time preference if you're poor.

>>54320613
>It's impossible to have low time preference if you're poor.

Yes there are genetic factors at work here.

>>54320381
I wasn't always like this. When life shits on the hard work and effort you put into repair, you start to become passive about it because what's the point? Also although I tend to have "high time preference" lately, I have (so far) an intact family, I'm not promiscuous, I don't have venereal disease, alcohol addiction, drug addiction, I'm nonviolent, law-abiding, and care greatly for the health and well-being off my family. So it's not like those things automatically stem from "high time preference." I think there are other mitigating factors. I don't think you can ignore the effects of upbringing, religion, and acts of God (meaning spontaneous good or bad life-altering events) when having this discussion. Also how do you fix someone's time preference? Bootstraps? Good luck.

>>54320792
>Bootstraps?

Anyone who uses this word is always a failure. Wonder why.

it's mostly a genetic thing for sure
very hard to be 'poor' in the strict sense of the word if you have even the slightest will not to be poor

>>54320381
Rich are rich because they inherit a bunch of money and invest it. Poor are poor because they don't, and never make enough to invest. That's it really. Or you can pretend to be retarded and act as if poor people choose not to invest whereas rich people choose to invest but that's bullshit

>>54320975
I’m middle class. I have received no financial support from my parents beyond age 18. I joined the military after high school, used that to fund my education, dropped out of college because my boss at the time wanted me full time, now I manage a team of software engineers working for a bank.
I made $220k last year, and I have almost a quarter million in stock options in various stages of vesting.
Is it possible for me to become extremely rich throng my own work? I don’t know, maybe, maybe not.
But I certainly did lift myself from making minimum wage at 18 to being in the top 95% of wage earners in my 30s.

>>54320381
>high time preference

Now go read any thread on here about saving into a pension and tell me that 'savvy' bizfags aren't also poor.

>>54320975
It's also worse than that because the rich are automatically connected, e.g. via daddy's friends, to high-paying jobs, business education, finance education, etc. since they can walk and talk. Normal people literally never learn about finance and business without significant investment on their part, and even then they get 0 actual knowledge, because when it comes to business and finance, it's all """trade secrets""".
>>54321174
You are considered poor for the sake of the topic.

>>54320613
Dunno about that, some people might choose less paying jobs if it means they are not stressed out in them and if they live frugally they might be happy enough.

>>54320381
Poor people know how to be successful, they just don't.

>>54321185
>You are considered poor for the sake of the topic
Cope

>>54321174
>Is it possible for me to become extremely rich throng my own work?

Not on your salary although you are doing well so kudos. You would now want to employ your capital and education to either start your own business or invest some of your funds in higher risk plays I.E. crypto. The other alternative is leverage your self to the hilt in real estate but that isn't worth doing unless you hire a management company to run your rentals for you perhaps.

>>54320381
>oy vey you should care about your minimum wage grocery bagger job you poor!
Hans Hermann Hoppe is a spiritual jew.

>>54321193
That's a high time preference.
A low time preference is choosing the higher paying job even if it would make you go insane because lmao money now.
His argument anyway was that poor people don't have the money to waste on short-term ventures even if they wanted to. It's not really true, though, clearly, as even a pauper can waste money on a lotto ticket.
However, it's a hard fact that the rich have very short time preference on average. Just go look up literally any rich person and you'll find shit like "bough 50 feraris the moment he got his wealth" or "gambled all the money in las vegas then had daddy bankroll him again".
Also, you can't find a short vs long time preference in dumb vs smart people either, consider how newton lost all his money in the south sea stock scandal (his investments were entirely based on low time preference).

>>54321216
Oof, that's some cringe shit if I ever saw cringe.

>>54321251

It is cringe but a lot of it is accurate. Besides actually taking action to develop your goals, proper mindset is key regardless of how faggy it comes off.

>>54320381
There is no lie, that's exactly why poor people are poor. Even when I was poor in college, working a minimum wage job, I knew that it was experience/reference that I could use to get a better paying job.
And even when I was barely making enough money, I put as much into retirement as I could afford, in addition to saving/investing in a brokerage account.
The concept of saving $10/week (for example) to a poor person is a completely foreign concept.
This is why government shouldn't bail out dumb people; we need FEWER dumb/poor people in the gene pool.

>>54321271
Lol, lmao. It's as accurate as the moon being made of cheese, Timmy. By the way, you must be 18 or older to browse this site.

>>54321314
I'm glad you agree that people like you should leave the gene pool lmao

>>54320792
>Also how do you fix someone's time preference? Bootstraps? Good luck.
We shouldn't.
Government is enabling a poor class, instead of stopping these types of people from procreating in the first place. This is why all welfare should be abandoned. (Private charities are different and should be allowed since they're voluntary).

>>54321314
I make $200-300k/year (depending on the year and bonuses).

>>54321314
sorry but saving $10/week to INVEST is the worst advice you could give a poor person. im glad it worked out for you, but someone poor should be using whatever money they have to try to go for high risk high reward plays, not boring low yield investments on their $500 they have saved up, thats not gonna get them anywhere

Sure, all that's true, but it also doesn't help when your own government gets into massive debt and prints your currency into oblivion. Most people just want to be comfortable financially, and that's probably for the best, imagine if everyone wanted to be a bougie cutthroat. Even poor people with bad habits could afford homes easily two generations ago, and that was enough to keep them happy. Those days are gone now.

>>54321216
>successful: woman
>unsuccessful: man
Wow, I'm sure that's just a coincidence and not at all an indication of the artist's mindset.

>>54320381
Reminds me of picrel if it's not that already

>>54320381
You’re right OP, as someone who is extremely poor (NW < $400k USD), poor people should be prevented from procreating. Poverty is a biological problem.

>>54321518
To do the opposite is sexist in this day.

aren't some people(me included) just too stupid ?
I wen't to college after school and all that but I just didn't went that extra mile.

I needed a better colledge. I needed a better job with career prospects. I became lazy and just wanted to rest after heart breaking demoralizing line of work everyday... and now i'm 37 with nothing. So many people succeed and we know why but as many people fail and they are buried and forgotten.

Actually i never made it from early dies. i was a losser from gradeschool to now. nobodys fault.

>>54320381
I literally was financially retarded and was confused by financial terminology until I accidentally stumbled over a youtube video that explained it to me in retard speak that kept my interest. Now I regret that nobody gave me this information 20 years ago and I am trying to make up for lost time.

Poor people and stupid people just don’t put in any effort. They have never seen what is possible with effort. It’s like the allegory of the cave, once you see you have the power then the world changes, but poor people laugh at the idea of simply trying harder

>>54321703
And NO working 70 hours at a dead end job is NOT effort.

>>54321183
plenty of rich anons here.
also pensions aren't going to be solvent for another 30+ years for the posters here to retire off them. pensions funds are already at their financial breaking point

>>54321703
most middleclass people are also broke, because people don't live within their means.

>>54321703
I have never seen a rich person put in any effort. I have seen many people between lower-middle and middle-middle class put in monstrous effort and failing to move beyond their level.
Actual poor people (meaning homeless) typically (>99%) have systematic issues (e.g. drug abuse or clinical retardation) that makes it "their fault", but anything beyond that is an increasingly mixed bag.
>>54321711
Of course it's effort. Just because it's effort toward the wrong things doesn't mean it's not effort.

>>54321231
yeah it's all bullshit, especially for us non-normals

>>54320381
sadly accurate

>>54321770
>>54321231
maybe if you put more effort into your low skilled jobs would have the ability to work into a better job? really makes one think!

>>54321711
>having everyone like you, help, you and give you things cause youre an upper class normoid is effort
>actual effort is not effort
nice, cope, faggot

>>54321770
also social rejects thrive because wasting your resources to try and give off the impression of social standing doesn't matter to them.

>>54321810
>social rejects
>thrive
In what universe?

>>54321822
Bill Gates
Mark Zuckerberg
Elon Musk
Jeff Bezos

>>54321763
Yeah dude we can argue semantics all you want, but the reality is you can do and learn anything if you put enough effort. Most people feel bound by their environment which is simply not true — learning new skills, being disciplined with money, taking risks are all things that require significant effort and most people are simply not willing to make that sacrifice.

I come from a poor family. This means I unfortunately do not have the luxury to just not make sacrifices. If I am to be truly successful, I must sacrifice a lot — friends, time, comfort, etc. im simply willing to do what most aren’t

>>54321800
Sorry dude but maybe stop working yourself to death at your dead end job and pick up a new skill, so you don’t have to work yourself to death.

>>54321735
Yeah, I guess I’m just talking about being successful and really reaching your potential. Not necessarily living a life
Of comfort.

>>54321790
>put effort into your unskilled job so someone else can get promoted and you stay there cause "too valuable to production"
it makes me think you're a moron who doesn't know anything

>>54321868
well those guys only live in comfort because they have so much money that they don't know what to do with, but until they got to that point they lived very meager lifestyles, I don't think Elon Musk even owns a home but he is an outlier sperg.

>>54321800
See but trying to make a serious career change is a big risk because it really changes everything.

You have to be willing to bet on yourself, and when you bet on yourself there’s no one to blame if it doesn’t work out. People don’t want this responsibility, because they aren’t willing to make real sacrifices to achieve things.

>>54320381
No lie. Poor people aren't poor because of some gene or some shit like that, they're poor because from an early age they are taught to prioritize survival but not social climbing and that lets them only take advantage of oportunities that will keep them alive but not make them rich. That's why even if you have tons of coins that can make a man rich (The amount of faggots that sleep on $XOR is incredible) most of them won't take it or even dare to read about it since they are mentally programmed to be poor

a job is only income for investing in assets that give you more income. If you aren't doing a job that you love to create something, then a job is just a means to an end.

>>54321835
Not sure if retarded or just pretending.jpg

>>54321843
>learning new skills, being disciplined with money, taking risks are all things that require significant effort and most people are simply not willing to make that sacrifice.
>I must sacrifice a lot — friends, time, comfort, etc. im simply willing to do what most aren’t
See, this is your biggest problem by far. You think nobody else in the world has ever tried to sacrifice things. In fact sacrifices, statistically, simply aren't rewarded. There are very solid data on these things but you're unwilling to look at them, yet you pretend to be learned. Go look at the success rate for startups (bonus point: check data that categorizes by failure reason so you can no longer make up retarded cope for why your case will totally be different) some time.

>>54321895
It's amazing how easily propaganda works on brainlets like you. No wonder we live in a society.

>>54322003
Dude I’m talking about sacrificing your weekends to learn a skill, sacrifice your ego to say you don’t know and learn, sacrifice your comfort to save extra money, etc. I’m talking about lifestyle choices.

People don’t try, and if they did they would succeed.

>>54322055
Oof, your posts are becoming even worse by the minute. There's no way you're 18 or older.

>>54322071
Kek keep not trying. I’ve met so many people who are just up to nothing and complain at their situation. Thank god I left that world and work in M&A now

Related.

>>54321711
well and that's the problem. their too stupid to know where to put those 70 hours aren't we. :)

Only makes sense in a society where the government is not actively stealing your money to make rich people richer through money printing.

In fact it only makes sense in a society where you own everything you produce, so the only limit is your own ambition or willingness to work.

In reality this isn't a society that ever existed, since all the free smallfarmers envisioned by Thomas Jefferson were deliberately destroyed by 1900 to get people working in factories. Then a second wave of destruction in the fake 'dust bowl' to get people to move to california to work factories and shipyards there to the seethe of calimexicans.

People are poor due to several reasons: some of them are due to life choices. Some of them are due to shit outta their control. The life choices are the ones who fuck themselves. The other group I've got pity for. You make 100,000 a year. Goody for you. Now how much of that are you punting back for retirement? Most fucks this would be shockingly low. Other dude makes 50,000 but he's done it right and is punting away for retirement for awhile now. Who's winning here?. Its not how much you make. It's how much your able to keep. You can brag all you want; I make 200k a year,blah blah blah. So what? If your not keeping most of that then really your fucked worse than some dude who's making less. Why? Cause that other dude's punting more back than you are even though he makes less.

>>54321183
i don't think anyone expects to get any returns from pension funds since it's essentially a ponzi.

>>54320381
>absolutely nothing is wrong with the west, goy. it's all individual choices.
>please do not look to russia or china as an example of a better society even though they are superior by every conceivable metric
>the west is better because you have "freedom" (unless you criticize jews)

>>54321328
t. unsuccessful faggot
idc if you probably got lucky gambling on crypto. You're shitposting here, you're a miserable cunt.

It, at one point in human history, worked like this. Unfortunately automation and electricity allowed us to unlock the Pandora’s box of instant pleasure at no cost. At this point in the game, you are basically fucked if you are born with a functional brain as your biological reward systems are so thoroughly mapped and hacked by modern society very very few people can see through the pleasure and pain process of growth. Society has developed massive anhedonia and sociopathy towards each other from this, we are a global civilization of psychopaths.

Currently 4chan is a very big proponent of asceticism to combat this, but there are actually multiple ways to combat this paradigm. Exotic logics is the most valuable of information.

>>54321216
I can find counter examples of both successful and poor individuals, who under different contexts and circumstance, exhibit every trait from both sides of this infographic. This infographic is the definition of cookie cutter reasoning about success and failure.

>>54320613
High time pref has high cash burn rate, literally the easiest to be low time pref when poor
>t grew up poor, poors are scum

>>54320381
I’m 23 and a homeless bum that just gets high on weed and jacks off wherever I can. I get only $200 a week from my job. What can I do to save my life? I was evicted so my rental history is fucked and all my maxed out credit cards have drop my credit score to 400s

I don’t know what to do.

>>54320381
>I expect everyone to be a genius

Not the reality. Even if you have a booming economy you will always have morons. The system has to adopt and change (get rid of the Jews), it is not the people that is to blame.

>>54321918
Midwit take. If everyone were taught social climbing, it would be worthless.

>>54322546
>ID

>>54322648
>a homeless bum that just gets high on weed and jacks off wherever I can.

Sober up and save.

I’m a huge loser working at an Amazon warehouse but I still have 100k in crypto through sheer effort of saving whenever I can and putting it into good projects. If I can make even 500k I will be able to invest into a business to make way more money. Just because you work a shitty low tier job doesn’t mean you can’t get ahead.

>>54322848
I need help like psychology prescibed meds i need to get higm man

>>54322960
>I need help like psychology prescibed meds i need to get higm man

Just accept your fate. Dreaming of being rich while you have no mental or physical ability to do so will just make your life miserable and resentful. Just go pick rocks and make them into piles instead.

>>54323065
Bro my coin picks in 2021 all outclass your picks i was a bsc coin hunter if omicrom and the Ukrainian war never happened i would have fucking been in the mountains

>>54320792
You’ll either figure it out or stay a filthy poor. If you really are smart and working hard, eventually you’ll get something out of it.

>>54321216
that infographic looks like the kind of rubbish I'd find in some teens magazine

>>54321244
>looks up Warren Buffet
Anon, you’re fucking retarded.

>>54321703
That's just a basic opinion, acquired from entry level philosophy and rationalized as the sum of the world. You look at the light and think, "that's fantastic, there's more to the world than walls covered in grotesque shadows." You automatically assume that leaving the cave is as easy as it was to half-turn towards the light, and that others have never been there and done that; and until you quit that hazardous assumption, you'll never figure out why people laugh at the idea of trying harder.
There's more to life than your choices and the consequences directly linked to them. Sometimes it's not that you followed the wrong path, just that you can't really predict avalanches on the move.

>>54322003
Throwing your relationships in the trash can isn’t sacrifice. Valuing it and putting it on the back burner anyway is. Poor people treat the people around them like shit - they’re monsters, and never invest anything into a relationship to sacrifice in the first place. A poor person “abandoning” friends to pursue something is just a loser trying to parasitically drain a new host and abandoning an old one.

Everytime I see someone talk about how they got rich they never have an action plan that makes any sense, or is replicable.

Every get rich story on the internet it
>I started at the bottom
>I did x job at min wage
>Now I'm doing 200k a year doing y job
never explaining the magic of how he got there.

honorable mentions include
>invested and made thousands, too bad you weren't on the gravy train before it took off :)
>inheritance

if it's not replicable, then it was luck.

>>54322648
>I don’t know what to do.
Find and marry a desperate cougar Karen, either you will have a sugar momma or you wait a few years and have her "pass away"

>>54322277
You’re illiterate and should kill yourself

Rich people's takes on poverty are at the very least, amusing. Good bait btw.

>>54320975
A lot of poor were rich, squandered money, didn't invest, and ended that way. Or wasted generational wealth. It's scary how many people live poorly paycheck to paycheck, even if they do make a decent amount of income, due to bad life choices. Most wealth evaporates.

>>54321174
VA Loan house hack

>>54321174
>zogbot
Yawn

>>54321676
Link to said YouTube video?

>>54323774
a pajeet with a channel called minority mindest

>>54321868
>pick up a new skill
ChatGTP obsolete-ed everything.
Options are demanding drudge-work not worth running complex robots for, or having made it already.

It's over.

>>54323831
Thanks. I may check it out. Cheers.

>>54321174
>I made $220k last year
only 220k as a manager? ngmi

>>54323552
>if it's not replicable, then it was luck
Or the bridge has been burned.

>>54320792
Acts of God are also random, but everyone has to deal with them. You can't argue the fact that some people just get royally fucked in life. It isn't fair, but it's statistics.

>Also how do you fix someone's time preference? Bootstraps?
The funny thing about this is that it literally is bootstraps. It's a condescending boomer meme answer, but the person has to genuinely want to change their life. The process is going to be significantly slower and more painful for some, but that's what it is. There's no fixing it for anyone with a low IQ though. Those people are genetically incapable of thinking into to future. They don't even see themselves as a person five minutes from now

>>54321251

>>54321251
Same, had to stop reading cus it was too cringey

>>54320792
Replying to OP like he's talking directly at you. Why don't you throw schizophrenia into the mix as well as being poor.

>>54322277
>You make 100,000 a year
>Now how much of that are you punting back for retirement?

120,000k a year. The average amount put away is 70% of that, post-taxes (also maxing out 401(k) and HSA, to avoid as much taxes as possible).

I also grew up in a family with a poor father, working a shit job, who married my inheritence rich mother, who burned through all her inheritance on stupid crap, and now lives on government aid, with my father divorced (though rich again, from rich wife #2, who died, and left him $700k). Dont trust either parent to leave me shit, though, and so gotta make it myself. As such, high tech (job), low life, for big savings, fast. Haven't put a single penny into the stock market since 2021 top, and waiting for that next stock dip, to go all in, mostly index funds, but also some super dumped values, like MongoDB, AirBnB, etc., that I'm confident will moon hard, next bull run.

>>54322648
Unironically learn to code. About 25% of the devs I've worked with so far are bootcamp devs (ie shit), but they still have been able to compose 25% of my dev peers and bootcamp is cheap. Learn to code, self teaching, and bootcamp. Then, get your $75k shit entry job, then move up to $100k, then $120k, then $150k to $160k, which will be hard to break from there, unless you enter FAANG. Simple as. Don't listen to people saying the market is oversaturated, either. It's not. The ones saying that are either devs trying to protect their market from new devs or failed doomers, trying to write that path as no longer achievable, to compensate for their own failure to move to a good place.

>>54324406
This poster is a bot.

>>54325080
This poster is Sergey Nazarov

>>54320381
Lol
My favorite part about this wacky system is how much faith the middle class has in it. Everyone else, above and below, knows the whole systfm is fake from experience.
When investing prick will find out the courts are fake and there isnt enough money on earth to fix that, and its too late by then.

>>54321216

>>54321216
Under unsuccessful
Fear change and fly by the seat of their pants
Thinking those two cancel each other out?
Can't have one without the other ?

>>54321711
40 hours of wages to live on
30 hours of wages to invest
Nothing wrong with that ?

>>54321843
Muh sacrifice muh,muh underdog
Muhmuh,muh sacrifice a lot ,bro
OK, kool-aid drinker
Muh,muh capitalism muhmuhmuh hard work

>>54322943
Based, Optimist

>>54321185
Cope.

>>54322120
Sounds more like luck than anything, how many here have lost a heck of a lot more than 40k on a shitcoin?

Poor people spend
Middle class people save and invest
Rag to riches people spend on tools and materials to tinker in their garage

>>54323552
The path to riches is different depending on the era. What worked in 2000 may not work in 2020, that does not mean it was luck.
>born in time for X is luck
you being born later provides you different opportunities. There are people using social media for free advertising for their business, whereas my older relatives don't even know how to use the internet. Different strategies for different times.
As such, it's largely useless to ask anyone how they made it who aren't in your generation.

>>54328293
I know what you're thinking. Why did I bring up a garage when new businesses are online businesses. Correction they were. Forget about the internet, that's over with. The internet is only to advertise and sell your product.

>>54320381
It's the system that keeps them poor.
It's that simple no matter how hard you work, sacrifice and save you will lose to progressive income tax and inflation theft and it's designed like this to keep this pyramid scheme supporting the wealthy who have their money on tax havens earning income on the megacorp dividend payments and trust structures.

While they argue for higher taxes

It's a meme and the only winning move it to not play, use Blockchain and crypto currency and just ignore their system of theft and fake kleptocracy, filled with house niggers and their Twitter influencers.

>>54327191
His dedication and thirftiness earned him the opportunity to gamble and he won. Poorfags will always find a way to cope.

>>54321486
That way they will never learn the discipline it takes to safe anything and they will just gamble away everything. Sure, a few will make some big bucks but not the majority and after they made it their spending will be horrific.

The best average outcome for most of them is to safe their 10 bucks.
The important part here are not the ten bucks. Could be 1 buck, could be 100 bucks but they need to continuously build something.

>>54321216
>unsuccessful people hold a grudge
>successful people don't
image made by morons. 'successful' people do hold grudges they are just willing to temporarily ignore it to make money and then fuck the guy over even harder in future. its just delayed gratification

>>54320381
The lie is that people arent poor because lack of skill. The value of your workforce is dictated by the market, so your value will be dictated by comparison to others and what the market needs. If everyone's skill raised equally by magic, the wealth distribution should stay precisely the same. You dont become wealthier without taking it from someone else

>>54320381
Demoralization thread. Who's to say that life is worth living at all? Rich or poor. We are all shacked to human bodies that will inevitably be riddled with disease. Life is suffering. I want off the ride.

>>54320975
Look at any big winners in the lottery and you will realize it is not about the money.
What you need is one or two generations of hard working men to break the poor cycle, one that is willing to devote his resources for the upbringing of his child.

Now it is just impossible since government gibs technically make the poor stay poor.

>>54321216
>Embrace change goy, so you can be successfull.
No job nor success due to racist diversity bullshit

>>54320613
that's because poor people who have low time preference eventually climb out of poverty, faggot

eastcoast goys are silly.

>>54321174
>I joined the military after high school, used that to fund my education
> I certainly did lift myself from making minimum wage at 18 to being in the top 95% of wage earners in my 30s.
no the government did that for you stupid retard.

>>54320381
100% correct. Every single oil coworker I have fits that to the letter. Paid 100k for half the year and divorced, in debt and broken everything.

>>54321174
GJ, you may not be a billionaire but now you can send your kid to stanford or harvard and have him become co founder with others and he can become a billionaire. its a desire to want to gradually improve your financial footing. Most low class people can go up the ranks and make more but they never try to achieve a new economic class. They just spend what they make even if they make more now.

>>54321216
>Operate from a transactional perspective
I think this is more a "succesful people" thing, in the Gervais principle it is the core characteristic of upper management. Even seemingly irrelevant things like office gossip has a some value attached to the information, middle management (clueless) and the workers (losers) give these information away for nothing and generally don't play the transaction game. Upper management engage in "trading" with virtually everything.
Which also means >Horde information and data
Is something successful people do in order to have chips to play in the transaction game.

Poor people stay poor because they parents were poor, it's a vicious cycle. It's literally that easy.

Poor uneducated parents simply don't know what makes a person successful besides going to school. Everything else is an enigma to them. They don't have discipline or work ethic. How can their children expect to learn stuff like this then? It should be the job of the school, but tell me did your school teach you discipline? Teach you how to be succesfull after school? Even if they do, you are in an bad enviroment with criminality, drugs etc. It takes a miracle to become successful if you're born in such a family.

>>54321216
>holding grudges
unsuccessful

>>54320381
because poor people think that their job, 9 to 5 will make them rich.

>>54322723
Yeah duh, smartass. The point is that most people are (and are going to stay) clueless, because the elites don't share their secrets, and because most people are too stupid to break with their conditioning. Ergo, if you were raised a poorfag and aren't exceptional, you aren't gonna make it. The world belongs to the hereditary rich and the few people of merit who work themselves up the ranks

>>54322521
>Exotic logics is the most valuable of information.
what does that even mean?

>>54323105
>if omicrom and the Ukrainian war never happened
well they did. cry more, loser

>>54320381
Because they can't appreciate the little things in life, like bugs

>>54321216
>horde information and data

The fuck? With book companies suing archive sites there is literally no reason not to do this.

Many rich people are rich because they are extremely lucky, 9/10 ventures on any project fail, 9/10 investments on any project fail, the rich are simply the visible 1/10 who were at the right place at the right time to benefit from either inherited wealth, bullhsit social connections, or are the genuine one in a million who do work hard and have a great innovative idea that ends up making it.

>>54320730
Surely in a sane world he should have his death sentence carried out immediately for being such a worthless individual?

>>54320730
>low iq
are murderers really just retarded people? how the fuck does that make sense? countries kill each others people all the time, you mean the people running our country are retards? ...wait a minute.

people still havent realized wealth is 98% what family you were born into, huh

>>54320613
You have never been poor. I made $10,000 a year for 5 years in Los Angeles and eventually escaped. It's merely more difficult. Does Hunter Biden have low time preference?

>>54339455
>people still havent realized wealth is 98% what family you were born into, huh

Retards on this thread shaming poor people don't understand this, only if they read Outliers by Malcolm Gladwell maybe they would see the light.

>>54323612
A lot of people leave things to chance, which is why they end up not saving and investing which then eventually costs them.

>>54320381
I aint reading that shit nigguh

>>54320730
>Low IQ

So what?

>>54341780
You have a logical point there a lot of people are also early on huge technological advancements like Bill Gate was to Computers.

>>54341842
How about those who saved in Banks that ended up bankrupt? At times I think to get rich takes a good amount of luck as well.

>>54321216
swapped the cause and effect

>>54341982
>How about those who saved in Banks that ended up bankrupt?

Modern problems require modern solutions, I would rather trust codes than trust a bunch of retarded fat fuckers on the Wall Street.

>>54328830
The difference is, if everyone became more skilled we would have more abundance and less resources would have to be spent on surviving and everyone would be wealthier. A free economy isn't a zero sum game contrary to what useless Marxists think

>>54320911
Because grinding harder doesn't do shit if you're already doing things wrong. You need to actually think "where do I want to be in 10 years".

>>54322422
Neither Russia or China are superior. We can criticize the West without saying "social credit scores and a government which engages in imperial annexations are... le based".

>>54342051
>I would rather trust codes than trust a bunch of retarded fat fuckers on the Wall Street.


Reason why I opted to spread my stablecoins on decentralized platforms like Yearn, Curve via SpoolFi.

>>54328457
If he gambled and lost he'd just be another idiot. Survivorship bias. Excellent incredible ideas fail constantly for many different reasons. Terrible ideas that are both stupid in concept and harmful to humanity excel time and time again and print big bucks.

Anons here would be best to separate money and success and iq or other such ideas.

The idea that each generation is meant to make it from scratch is Jewish conditioning. Was there a king in this world who willingly gave his throne to a peasant? I don't think so. Wealth is guarded and horded and positions of power clung onto.

retarded thread. I am the most lazy weed-smoker fuck you have ever met. Never studied, never worked out, never earned a penny in my life. My father left me some millions, so i just fuck around, party, smoke, game and wank all day.
Meritocracy is a lie

>>54337758
>are murderers really just retarded people?
Well, the melanin enriched type who just chucks 4 (four) kids off a bridge certainly so.

>Poor people are poor because they're idiots

Sometimes it's the simplest truths. Why exactly would an idiot become rich? That would be an exceptional feat. Of course it's this way.

>>54320975
>act as if poor people choose not to invest
When I worked a minimum wage dead end job, 99% of my coworkers would spend all their money as soon as they had it with retarded shit like $200 game tickets, $1400 new phones, $900 new shoes, $500 in cigarettes and vapes monthly, etc. and constantly complained about being broke. They never saved anything, much less invested. And they could have. I did, with the same paychecks. That's why I left and they're still there.

>>54323612
>A lot of poor were rich, squandered money, didn't invest, and ended that way
>A lot
mathematically impossible to think that "A lot" in this case means more than 5% at most. so this is a case of anecdotal evidence

>>54345548
middle class income earners do exactly the same thing, they just have higher pay

>>54342051
>i want shitty code written by wall street wannabees
why have one when you can have both?

>>54346530
You mean they can afford it?

>>54320381
This is the most astute and universal insight when it comes to poorfags. Study them long enough and you will conclude the same. Every poorfag I know has the same mentality: Things happen to them. Nothing in their life is ever a result of their own agency or actions.
Always
>I got arrested
Never
>I committed a crime
Always
>No one will hire me
Never
>I have no marketable skills and I'm barely looking for a job anyway
Always
>He's just lucky.
Never
>He's smarter, seizes opportunities, and has better foresight than I do

>>54349347
No one will hire me despite being MORE than qualified. Even apprenticeships will get you an automated 'sorry sweaty' response.
I have since added the words 'ethnic minority diversity black woman' to the very top of my CV in size 1, colored default white, which is almost infinitely imperceptible except to AI hiring bots which then don't automatically throw you on the scrap pile, since then i've at least been invited to interviews