Posted: Dec 14, 2011 9:28 pm
On psychopathy
There was an interesting article on this subject, which stated that psychopaths doing the psychopath test actually took pride in their high score. The reason being that they think 'normal' behaviour is stupid. They think that psychopath behaviour, exploiting other people, shows they are smart, and they take pride in that.
Rich get rich because of merit?
Actually, there is a wide range of reasons. The Millionaire next door book suggests the most consistent quality of those who become millionaires is being frugal. Of course, most millionaires are not truly rich by today's standards. Anyone who has an above average income can become a millionaire by simply saving most of their earnings, and investing them in something that returns compound interest. It will take 20 to 40 years, depending on income and amount saved, but it is certainly far from unusual.
For IWS, note that the above book is American, and you might be correct about the UK. I know directly about New Zealand only, and my experience (sadly not quantified) suggests to me that in NZ, becoming a millionaire, most of the time, is a combination of operating a lucrative business and being frugal.
There was an interesting article on this subject, which stated that psychopaths doing the psychopath test actually took pride in their high score. The reason being that they think 'normal' behaviour is stupid. They think that psychopath behaviour, exploiting other people, shows they are smart, and they take pride in that.
Rich get rich because of merit?
Actually, there is a wide range of reasons. The Millionaire next door book suggests the most consistent quality of those who become millionaires is being frugal. Of course, most millionaires are not truly rich by today's standards. Anyone who has an above average income can become a millionaire by simply saving most of their earnings, and investing them in something that returns compound interest. It will take 20 to 40 years, depending on income and amount saved, but it is certainly far from unusual.
For IWS, note that the above book is American, and you might be correct about the UK. I know directly about New Zealand only, and my experience (sadly not quantified) suggests to me that in NZ, becoming a millionaire, most of the time, is a combination of operating a lucrative business and being frugal.