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aevernon | 12 years ago

Could you give an example of such a comparison?

Are you saying rich people are better able to estimate the risks and trade-offs for their decisions?

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VLM|12 years ago

Typical example would be car choice. Middle class dude selects based on TV commercials, friends opinions, and conspicuous consumption, ending up with a giant pickup truck typically, however most rich dudes drive something quite a bit more modest.

I should point out I'm talking more about "people who become rich on their own" rather than lucky lotto winners or lucky selection of parent or trophy spouse or whatever.