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/biz/ - Business & Finance


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13656578 No.13656578 [Reply] [Original]

This man had a loan from his parents worth 60k, a 15k loan from his brother, a FULLY PAID condo BOUGHT in New York by his parents, and he STILL somehow managed to lose more than a million in crypto and claims he went from “rags to riches back to rags” when he was already fucking rich in the first place.

>> No.13656609

>>13656578
yes, and people are "inspired" by elon musk, steve jobs, bill gates, who all come from rich families who not only funded them, but got them in the door through nepotism

99% of people have their fates sealed when they are born due to circumstance. the only real rags to riches story I can think of is Oprah

>> No.13656646

"this" being your own compulsion to look for specific asshats in order to fulfill your own confirmation bias? glad we figured out you're a faggot, OP

>> No.13656673

The genuine rag to riches stories are like winning the lottery any other person and there business would of fallen through and what not

>> No.13656677

>>13656609
Jay Z?

>> No.13656679

>>13656578
can u post link to thread faggot

>> No.13656695

>>13656609
Idk who considers Musk a "rags to riches" situation

>> No.13656697
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13656697

>>13656578

redditors are universally cancerous in both thought and action, did you really expect anything different?

>> No.13656706

for extra faggotry, throw in some whining at vague "rich" people
living in new york
loans from family
browsing /biz/ but posting on reddit
just another white man, goy!

>> No.13656718

>>13656646
>>13656706
based

>> No.13656721

>>13656697
He was a redditor and then found biz which made him richer than he was but then he lost a million and more.

>> No.13656722

Hitler is the only rags to riches story and it ended in ruin

>> No.13656737

>>13656609
Kanye and Jay-Z are both rags to riches stories. Yamaha's founder, Torakusu Yamaha, didn't even touch a piano until he was 35, and he only did it because his real job wasn't making ends meet.

But yeah, most people aren't real rags-to-riches stories. The good strategy for you is to bump up one social statii. If your parents were lower-middle class, you should strive to get at least to middle-middle class (and preferably lower-upper class) by the time your kids are getting out of grade school. That greatly increases their chances of breaching the uper class.

>> No.13656926

>>13656609
>Steve Jobs

Lol retard, his dad was a repo man he was poor

>> No.13656948
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13656948

>>13656578
>>13656609
>>13656646
>>13656673
>>13656677
>>13656679
>>13656695
>>13656706
>>13656718
>>13656721
>>13656737
>>13656926
Back to >>>/r*ddit/. I seriously cannot believe not one person told OP to fuck off back there.

I'm unironically disgusted with you faggots.

>>13656697
only slightly based but cringe for not telling him to go back and never come here again

>> No.13656961

>>13656609
You do realize life is pre-determined and there is absolutely nothing you can do about it?

>> No.13657294

>>13656609
>Oprah
>Kanye
>Jay-Z
Really activates those (((almonds)))

>> No.13657647

>>13656609
>steve jobs
>through nepotism
no he just know when to fuck over his business partners

>> No.13657756

>>13656578
my dad was an accident. he grew up in a house with parents who had to chose between food and bills, they were old and could not afford to have another kid. after childhood he worked his way through a chemistry bsc, did well, got accepted to medical school and got a student loan for that. now he conducts medical research studies while rehabilitating old dilapidated commercial properties in otherwise nice areas.

>> No.13657850

Hitler is the only exception of the rule.

>> No.13657895

>>13656578
My family is a riches to rags story, perpetrated by my mother.

Both sides of the family.

>> No.13657919

>>13657756
your dad sounds like a pretty cool hardworking guy. more power to him anon

>> No.13657932

>>13657919
i forgot to mention that we are jewish.

>> No.13657981
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13657981

I think the reality is that most people like to have romantic little delusions about their own agency and the degree to which they've influenced their own 'destiny', and there's a huge selection \ 'survivorship' bias which means those who get to the top tend to have exerted degrees of agency, choice, etc and so they're more easily drawn into promoting narratives that play up those angles. Also pretty much everyone who is 'grinding away' wants to believe in the legitimacy of their daily grind - this is why wagies get so pissy and resentful at NEET's, it's why wagies like to claim that they are directly subsidising NEET's, when that's an absurd model of the economy. Then the wider economy tends to benefit those who sell the idea of agency and rags to riches - it's easier to sell books for example that appeal to the individual, selfish desire for personal advancement ("If I read this, I can become rich too!") rather than to appeal to people's reason and call for some sort of collective change, because most people don't have time for that and it's an uphill battle against the unconscious forces I've listed anyway. Another thing that even the earlier social commenters on capitalism pointed out (even those very sympathetic or pro capitalism), is that it's mostly 'assholes' who get rich, it tends to be more base, arrogant people who come into 'new money', because very often it takes those qualities to make money in the first place. The douchier you are, the easier it is to make money be exploiting or cheating others, or selling some worthless crap, being self-promoting, etc.

The only thing you can do is try to avoid becoming a hypocrite yourself. That's THE most important thing. Gain your own economic liberty, but then use that to help others, and advance balanced analyses of the way money actually works.

>> No.13657992

>>13657895
do tell, anon

>> No.13658003

>>13657932
uh oh now the orange man good brigade will be conflicted