George Soros transfers $18 billion to his liberal philanthropic foundation

Quote:

Originally Posted by TxHannah Empirical proof? Factual evidence? Links to scholarly, unbiased, unimpeachable sources? The Kardiashians are millionaires, and I have no doubt none of them are 'smarter' than I am. They just make money showing their private parts. Yeah, people pay big bucks to look at private parts. But in no stretch could that be an indication of 'intelligence'....

There are only four ways that I know of to get rich.
1) Be smart enough to earn it...
2) Inherit it
3) Have a talent for entertainment purposes
4) Luck (this would include crime, lotto, etc)

We can ignore 2, 3 and 4 because Soro's did not inherit his his money, is not an entertainer, and did not use "luck of the draw" to achieve his wealth.

Soro's achieved wealth through insight and education, formed opinions, and then used those resources to speculate the direction of financial markets.

That said, the purpose of my statement was to point out that there are no dumb self made billionaires and people can learn by listening to what they have to say.

As for the Kardashians, or other wealthy but not rich folks, its not difficult to earn $5 or $10 million dollars. Turning that into $100 million is far more difficult, and turning $100 million into a billion is another magnitude more difficult.. But the first $5M to $10M can be achieved through just hard work and determination by anyone who is moderately intelligent.

Let's block ads! (Why?)

George Soros transfers $18 billion to his liberal philanthropic foundation