Real answer: Be born into a socioeconomically well-off family...
Our socioeconomic status contributes a lot to our future success. Having good ideas and hard work only matters if you have access to opportunities and resources. #inequalityhttps://twitter.com/paulg/status/1109897564973871106 …
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I'm not sure what you mean. I agree it's not easy to be a good investor, but most people don't have the opportunity or resources to become an investor at all.
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Because then an investor could simply just invest in rich kids and get all the returns
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Relatively easy (or the average case)... You are right; there are many here who easily became investors due to their family. I guess becoming an investor is easier than being good or successful at it.
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Access to capital, a good network, and knowing that someone will always have your back financially if everything fails, make a tremendous difference. Well-off families usually have all three. Gaps are only widening because of that. Btw I think it is easier today to reach + ROI
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W∧O→S ¬W→¬S ¬O→¬S W = having wealth O = building a great offer well S = reaching success The hard part about investing is detecting O, but W is sine qua non. To even reach the ear of a VC is expensive.
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Thankfully it's not that bad, granted, but I'm sure your pool of options in which to invest is already quite biased towards that population
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