moridinamael comments on Open Thread, January 15-31, 2012 - Less Wrong

9 Post author: OpenThreadGuy 16 January 2012 12:56AM

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Comment author: moridinamael 16 January 2012 06:55:42PM 0 points [-]

I think there's plenty of available advice on how to become ultra-rich. Just look at the Business section of any bookstore. The problem is that this advice typically takes you from a 0.001% chance of becoming ultra-rich, through sheer lucky accident or lottery, to a 0.1% chance, through strategy and calculated risks.

I'm not arguing that it's not really hard and really improbable. However, folks tend to assess P(becoming wealthy by any means) ~ P(winning the lottery).