Re: SOAPBOX: Funding for SIAI

From: James Rogers (
Date: Sat May 03 2003 - 10:34:20 MDT

On 5/2/03 11:46 PM, "Mike Williams" <> wrote:
> Since the message traffic is slow today, I'll take this opportunity to
> interject. There's an old saying: "If you're so smart, why ain't you
> rich?"

I would point out that, in addition to intelligence, quite a bit of
knowledge and work is required to become wealthy at an accelerated rate.
The reason many smart people are not wealthy is that they 1) do not have the
time or the inclination to acquire relevant knowledge, and/or 2) do not have
the time or the inclination to do the work to leverage their intelligence by
applying the relevant bodies of knowledge to wealth creation.

In short, intelligence just gives you the ability to play competitively.
You still need knowledge, experience, and effort to translate intrinsic
capability into *actual* ability, and most people are not inclined to expend
that much effort. Becoming wealthy is easy for some people in the "mental
effort" sense, but it has never been easy in terms of physical effort.


-James Rogers

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