The most successful people are not the most talented, just the luckiest, a new computer model of wealth creation confirms. Taking that into account can maximize return on many kinds of investment.Neil Wilson put this out on Twitter. I also came to believe that many rich people were probably just lucky. A person might sell his home to start a business but only one in three businesses are successful. We get to read about very successful people all the time but those that tried and failed disappeared into anonymity and this can give the impression that all we have to do is to try hard enough, and risk things enough, like sell the house, and we can become successful too, but it's not true. KV The distribution of wealth follows a well-known pattern sometimes called an 80:20 rule: 80 percent
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Neil Wilson put this out on Twitter. I also came to believe that many rich people were probably just lucky. A person might sell his home to start a business but only one in three businesses are successful. We get to read about very successful people all the time but those that tried and failed disappeared into anonymity and this can give the impression that all we have to do is to try hard enough, and risk things enough, like sell the house, and we can become successful too, but it's not true. KV