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Crownless_Prince comments on Genetic "Nature" is cultural too - Less Wrong Discussion
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Yes, but this means that a lot of very rich people are very incorrect as to what is important for their wealth. Which is possible. But you have to posit a lot people being in error about things they should know about, for the heavy-hereditibility picture to fit.
They know about the factors they can control. After all, those are the ones they actually focus on.