I do think higher IQ (or g factor or whatever) increases the chances of financial success. I also think IQ is genetically heritable.
I was sorta surprised when I was thinking about how many smart friends I have came from rich parents, but maybe I shouldn't be!
Conversation
Replying to
(fwiw I personally came from long lines of poor/lower-middle class ppl, averages are not absolute predictors)
8
3
151
Replying to
Well, growing up in a rich family helps quite a bit to have a well rounded education, no?
4
114
Replying to
fwiw I didn't get a good education by most ppls standards, (tho it was good by my standards cause it afforded me a lot of freedom) and I just self taught a ton afterwards. My guess is childhood education quality doesn't matter overmuch if you're smart.
4
13
Show replies
Replying to
I believe Malcolm Gladwell wrote a post on the only pre-determining factor is that the person doesn’t care what other people think of them. I don’t have time to search for it right now, but the examples shared were amazing
2
Replying to
I'm just going to leave this right here
1
1
35
Show replies
Replying to
IQ is significantly influenced by psychological safety, which rich communities tend to hoard
7
51
Show replies
Replying to
In my firm, there is a hugely strong correlation between overall ability and level of seniority.
And I've generally thought it's clear high IQ correlates very strongly with wealth.
But a lot of research shows the correlation is very weak. A little stronger w income but weak too
1
Replying to
Understanding how knowledge is created undermines the utility of IQ. A high IQ suggests the person was *interested* in IQ related problems.
Your IQ says nothing about *likeliness to know the truth*, or else society would be organised around finding the next highest IQ child.
1
Replying to
Sounds like a bad case of logical induction error based on environmental observation bias and limited sample data... Maybe think a bit more about this?
2
Replying to
1. Grades/SAT are a proxy for intelligence
2. Intelligence is rewarded economically
3. People tend to mate assortively by income/intelligence
4. Intelligence is primarily heritable
5. Result: people born into higher income families will tend to perform better in academics
1
4
24