Winners think success was earned even if it was down to luck

siti · Jul 18, 2019

Oh - excuse me - I thought this was going to be about the cricket world cup - no Kiwis around I hope...in-ger-land, in-ger-land...in-ger-land!

Audie · Jul 18, 2019

Daemon Sophic said:
QUOTE="Audie, post: 6213041, member: 63733"]Most of the wealthy I know are
extremely hard working. The few who are
not tend to be widows.
Agreed.
However, most of the low-paid workers I know are also very hard working; often harder working than the wealthy, because their continued employment (in either of their two jobs) is often precarious, while the wealthy have a single and secure position, with built-in paid vacation, generous sick leave and retirement packages.

This "did not earn" is a preamble to,
"So we are morally bound to confiscate it."[/QOTE]
Nobody has said that, or suggested it....and you know that.
Even the most lefty looney liberal moonbats simply want to “level the playing field”, NOT by confiscating (stealing) money from the rich, but rather by setting salaries such that the hard-working poor become hard-working lower-to-middle class; and the hard working rich are just that. Rich. Not “ungodly wealthy beyond even unreasonable fantasies of avarice”.
Also they would like the uber-rich to pay an equivalent level of taxes as the middle-class (which the ultra-rich do not currently pay). And you are aware of that too (or you admit that you had been ignorant of reality until now).

Beyond that, one can see a path to your “wealth confiscation “....and it ain’t pretty.
Beware, fellow plutocrats, the pitchforks are coming

[/QUOTE]

On the 31st floor, my gold plated door
will meep you peasants out

Shadow Wolf · Jul 18, 2019

On the 31st floor, my gold plated door
will meep you peasants out[/QUOTE]
All the gold of Crassus meant nothing but his death in the end. A false sense of importance is just that. No one is ever as important as they think they are.

Shaul · Jul 18, 2019

An extensive survey of millionaires has found out that many myths about them are false. Most millionaires are self made, they did not inherit their money. Most millionaires have ordinary jobs, not jobs like doctors or athletes. Most millionaires do not come from wealthy families, they mostly come from at or below median incentives families.

Everyday Millionaires by Chris Hogan

Shadow Wolf · Jul 18, 2019

Shaul said:
Most millionaires are self made,

No one is self made. That itself is a myth. But, that's the awesome benefit of being a social animal. We don't have to do it all on our own, and it's foolish to attempt it.

Quagmire · Jul 18, 2019

AT-AT said:
Same happens when a YouTube person becomes a star and catches momentum. They think it's skill.

"Nobody ever went broke underestimating the taste of the American public."
--- HL Mencken

One of the most paraphrase-prone quotations ever.

Nakosis · Jul 18, 2019

Koldo said:
"Do wealthier people owe their financial success to skill or luck? Your views on this question may be set by your own financial status, at least according to a study of people playing a card game.

In a simplified two-player version of the game known as “President” (or less politely, “*******”) winners were more likely than losers to credit their success to skill rather than luck – even though the game clearly involved little skill and when the odds were blatantly rigged in the winner’s favour.

“It was absolutely obvious one of the players was playing with a huge advantage,” says Mauricio Bucca of the European University Institute in Florence, Italy."

Source: Life’s winners think success was earned even if it was down to luck

Who would have thought that people could be so biased ?

When you win you get bragging rights. That's natural law. You can't mess with natural law.

Twilight Hue · Jul 19, 2019

Koldo said:
"Do wealthier people owe their financial success to skill or luck? Your views on this question may be set by your own financial status, at least according to a study of people playing a card game.

In a simplified two-player version of the game known as “President” (or less politely, “*******”) winners were more likely than losers to credit their success to skill rather than luck – even though the game clearly involved little skill and when the odds were blatantly rigged in the winner’s favour.

“It was absolutely obvious one of the players was playing with a huge advantage,” says Mauricio Bucca of the European University Institute in Florence, Italy."

Source: Life’s winners think success was earned even if it was down to luck

Who would have thought that people could be so biased ?

I have it pegged that being in the right place at the right time often determines the outcome.

PureX · Jul 19, 2019

Winners think success was earned even if it was down to luck ...
Well, sure, that's because they don't want to feel guilty when they don't share the result of their good fortune.

Terrywoodenpic · Jul 19, 2019

It is often difficult to differentiate luck from skill.
The more you practice the luckier you get.

Making money, consistently, is a skill like any other.

Games of chance are just that, Chance.
Professional gamblers eliminate as much chance as they can.

Terrywoodenpic · Jul 19, 2019

siti said:
Oh - excuse me - I thought this was going to be about the cricket world cup - no Kiwis around I hope...in-ger-land, in-ger-land...in-ger-land!

England did not win by luck, it was the simple application of the existing rules that decided the winner... however the Kiwis matched England in every other way, except in the number boundaries. It was an astonishingly close game that everyone involved can be extremely proud of.
The almost infinite number of possibilities in the game of cricket make such a result incredibly rare and very close to Chance.

ChristineM · Jul 19, 2019

Koldo said:
"Do wealthier people owe their financial success to skill or luck? Your views on this question may be set by your own financial status, at least according to a study of people playing a card game.

In a simplified two-player version of the game known as “President” (or less politely, “*******”) winners were more likely than losers to credit their success to skill rather than luck – even though the game clearly involved little skill and when the odds were blatantly rigged in the winner’s favour.

“It was absolutely obvious one of the players was playing with a huge advantage,” says Mauricio Bucca of the European University Institute in Florence, Italy."

Source: Life’s winners think success was earned even if it was down to luck

Who would have thought that people could be so biased ?

My case... Pure skill aligned with bucket fulls of luck is what brought our business success. Hubby and i met at uni while both studying the unheard of subject of computer graphics design. We were among the first to start a CG business and struggled for a few years. Then wave hit the shore we wound up, over the following 10 years becaming international and expanded to 25 employees. 2015 a major Japanise consortium bought is out.

I like to think that without our skill (and determination) the company would not have enjoyed the luck it did

Koldo · Jul 19, 2019

Shaul said:
An extensive survey of millionaires has found out that many myths about them are false. Most millionaires are self made, they did not inherit their money. Most millionaires have ordinary jobs, not jobs like doctors or athletes. Most millionaires do not come from wealthy families, they mostly come from at or below median incentives families.

Everyday Millionaires by Chris Hogan

Can you refer to the study the book is based on ? Where has it been published ?

Koldo · Jul 19, 2019

ChristineM said:
My case... Pure skill aligned with bucket fulls of luck is what brought our business success. Hubby and i met at uni while both studying the unheard of subject of computer graphics design. We were among the first to start a CG business and struggled for a few years. Then wave hit the shore we wound up, over the following 10 years becaming international and expanded to 25 employees. 2015 a major Japanise consortium bought is out.

I like to think that without our skill (and determination) the company would not have enjoyed the luck it did

There is, almost, always skill AND luck involved. People often downplay how big of an impact one or the other had though.

Audie · Jul 19, 2019

Shadow Wolf said:
No one is self made. That itself is a myth. But, that's the awesome benefit of being a social animal. We don't have to do it all on our own, and it's foolish to attempt it.

Suppose a lone prospector goes out and
finds a gold mine. You going to say he is not self-
made millionaire?
I guess you can play semantics that way if it suits.

Audie · Jul 19, 2019

Shadow Wolf said:
On the 31st floor, my gold plated door
will meep you peasants out

All the gold of Crassus meant nothing but his death in the end. A false sense of importance is just that. No one is ever as important as they think they are.[/QUOTE]

I just borrowed a line from a song

This old earthquake's gonna leave me in the poorhouse
It seems like this whole town's insane
On the 31st floor a gold plated door
Won't keep out the lord's burnin' rain

so I guess it is only fair that you reply with
deepity cliches.

Koldo · Jul 19, 2019

Audie said:
Most of the wealthy I know are
extremely hard working. The few who are
not tend to be widows.

This "did not earn" is a preamble to,
"So we are morally bound to confiscate it."

There is no innate relationship between being a hard worker and being rich. To say otherwise is not only false but also a preamble to 'poor people are lazy'.

I am, however, not saying that rich people are lazy either. I am just saying that merely by knowing how hard someone works you can't determine if they are rich.

Audie · Jul 19, 2019

Koldo said:
There is no innate relationship between being a hard worker and being rich. To say otherwise is not only false but also a preamble to 'poor people are lazy'.

I am, however, not saying that rich people are lazy either. I am just saying that merely by knowing how hard someone works you can't determine if they are rich.

No argument with your clear statements of what
should be obvious to all.

i got the feeling though that the theme of this
thread was intended as a bash/ stereotyping
of people who happen to be well endowed,and
I sure have seen words about taking from and
giving to.

A lot of poor people are lazy, of course; that
is how they got poor. Some of them were rich-
being lazy can be very expensive.

Koldo · Jul 19, 2019

Audie said:
No argument with your clear statements of what
should be obvious to all.

i got the feeling though that the theme of this
thread was intended as a bash/ stereotyping
of people who happen to be well endowed,and
I sure have seen words about taking from and
giving to.

A lot of poor people are lazy, of course; that
is how they got poor. Some of them were rich-
being lazy can be very expensive.

The theme of the topic is a study that found out ( not like we didn't know it already though ) that even in a game that involves mostly luck the winners will, more often than losers, often downplay the role of luck and attribute their success to skill. In other words, the topic is about how we can be really biased on assessing what contributed to our success.

Daemon Sophic · Jul 19, 2019

On the 31st floor, my gold plated door
will meep you peasants out[/QUOTE]

Winners think success was earned even if it was down to luck

Well-Known Member

Veteran Member

Certified People sTabber

Well-Known Member

Certified People sTabber

Imaginary talking monkey

Non-Binary Physicalist

Twilight, not bright nor dark, good nor bad.

Veteran Member

Oldest Heretic

Oldest Heretic

"Be strong", I whispered to my coffee.

Outstanding Member

Outstanding Member

Veteran Member

Veteran Member

Outstanding Member

Veteran Member

Outstanding Member

Avatar in flux