Obviously not "just" chance, but most very high IQ people are not rich. Luck and other factors do play a big part. However, when it comes to nations, individual luck averages out and IQ is a good predictor of national wealth.https://twitter.com/JonUlin/status/972122532198445056 …
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Replying to @Hereditarian98 @HbdNrx
What i mean by extreme are Bill Gates, Warren Buffet etc.
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Replying to @Hereditarian98 @HbdNrx
For the 99.5 it has very good predictive power
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Replying to @Hereditarian98
Well, if you compare the wealths of 1000 100 IQ people and 1000 110 IQ people, you will find that the average wealth is higher for the 110 group but the two groups will have pretty large standard deviations and a lot of wealth overlap
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Replying to @HbdNrx
Also how do they define rich? Rich is a relative term I'm rich by Cambodian standards. Are my grandparents "rich" they recently sold their farm for 7.5 million?
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Replying to @Hereditarian98
Probably top 1% or top 10% in the country being analyzed by income or wealth
12:35 AM - 11 Mar 2018
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