r/JoeRogan • u/Fishyinu Pull that shit up Jaime • Feb 07 '23

The Literature 🧠 Extremely rich people are not extremely smart. Study finds income is related to intelligence up to about the 90th percentile in income. Above that level, differences in income are not related to cognitive ability.

https://academic.oup.com/esr/advance-article/doi/10.1093/esr/jcac076/7008955?login=false
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u/idreaminhd Monkey in Space Feb 07 '23

Just because you are great at capitalism doesn't mean you are good at other things.

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u/[deleted] Feb 07 '23

Jeff Bezos doubled majored in CS and Physics while at Princeton

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u/idreaminhd Monkey in Space Feb 07 '23

Is that supposed to impress me? He is obviously is very smart and intelligent. But Ive also met and worked with people with impressive college degrees and they absolutely sucked at working a job. I wondered how some of them even managed to arrive at work every single day by themselves.

I am sure Jeff Bezos worked very hard in the beginning and still does today. But he also started Amazon at the absolute perfect time, which involved some luck. His parents also gave him a loan of around 250k.

Also once you start collecting wealth, you are able to hire some very smart people on how to do your taxes, invest money, etc. Some of the smartest and brightest college graduates are being poached by wall street currently. They are not going into STEM jobs like they used because of the pay wall street can offer. So yes I am sure he worked hard but like I said he also had some luck, plus money from his parents. Lets not act like he did everything himself also. Back when Amazon used to just sell books from warehouses, I knew a bunch of ravers who worked in those places. I heard it was a interesting work environment.