They made their money the old-fashioned way: sheer dumb luck.

"The results are something of an eye-opener. Their simulations accurately reproduce the wealth distribution in the real world. But the wealthiest individuals are not the most talented (although they must have a certain level of talent). They are the luckiest. And this has significant implications for the way societies can optimize the returns they get for investments in everything from business to science."


"If you're so rich, why aren't you smart?"

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