|Urban folk humor.|
Why are many people who are very smart not also rich? is a question recently asked and answered.
I attended good schools in both the United States and England and have seen many of my classmates succeed financially and many fail. The question is one I have thought about a lot. What distinguishes the economic successes from the economic failures?
The best answer up-voted so far is by Mark Simchock, who describes himself as "Chief Alchemist". Here are his first two and last two answers:
1. IQ isn't everything.2. Money isn't everything. ...These seem to me to be good answers, from what I have seen.
9. They [the less rich] know too much (i.e., fear of failure).10. They are successful (on their own terms), you're just not smart enough to recognize it (based on your criteria).
I would add: The biggest successes have the right mix of enthusiasm and practicality - the enthusiasm to appreciate life and be curious about why things work and don't work, and the practicality to get their ideas into a form where they can earn some money from it.