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How come that a child of two non autistic people may have autism?


Otto Kretschmer

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43 minutes ago, Sensei said:

@swansont seriously? seriously seriously?

The richest 10 people on the Forbes list. Which of them are self-made (from "zero" to "billionaire") and which have inherited billions?

That’s a false dichotomy.

 

43 minutes ago, Sensei said:

Musk, currently #2 on that list, has taken quite a lot of money from the government in the form of subsidies and loan guarantees. That’s not self-made. Bezos gets plenty of subsidies, too. Any US business gets direct and/or indirect subsidies from government sources. 

 

43 minutes ago, Sensei said:

  

..isn't "greed is good" (quote from "Gekko")? Isn't that your "American dream"?

Never saw the movie, but I think he was the villain, a composite character based on sociopaths, not someone whose wisdom is to be emulated.

You might consider that your view from the outside doesn’t give you much insight.

 

43 minutes ago, Sensei said:

 

  

Do you live under a rock? They have Donald.. ;)

You need to save money (through avoidance) to be able to finance something around the corner.

They’ve been there, done that if they are billionaires.

43 minutes ago, Sensei said:

You don't know what is being done behind public attention and you complain.

 

By the same token, neither do you.

54 minutes ago, iNow said:

Approximately 70% of those considered wealthy are self-made according to multiple analyses, but they tend not to give credit to market returns (aka: luck) where that’s clearly a relevant factor. 

Citation still needed.

From what I’ve seen, so-called self-made successes tend not to acknowledge the outside support they get, in addition to downplaying luck. Kinda like Craig T Nelson’s diatribe, “I was on foodstamps and welfare and nobody helped me” (paraphrase)

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11 minutes ago, swansont said:

Musk, currently #2 on that list, has taken quite a lot of money from the government in the form of subsidies and loan guarantees. That’s not self-made. Bezos gets plenty of subsidies, too. Any US business gets direct and/or indirect subsidies from government sources. 

..I am surprised, and actually shocked, to see such a way of arguing from your side.. So, you are not self-made scientist, your wealth is not self-made, since you worked for the government too..

 

16 minutes ago, swansont said:

Never saw the movie, but I think he was the villain, a composite character based on sociopaths, not someone whose wisdom is to be emulated.

You are pretty close. Nevertheless, it is worth watching the stock market and becoming a stock market investor to gain 1st hand knowledge..

16 minutes ago, swansont said:

You might consider that your view from the outside doesn’t give you much insight.

Who said I did/do not have view from inside?

"Citation needed"..

 

20 minutes ago, swansont said:

By the same token, neither do you.

You have no insight what I know.

23 minutes ago, swansont said:

Citation still needed.

From what I’ve seen, so-called self-made successes tend not to acknowledge the outside support they get, in addition to downplaying luck. Kinda like Craig T Nelson’s diatribe, “I was on foodstamps and welfare and nobody helped me” (paraphrase)

I can't believe what I'm reading.. Musk had billions of dollars before his first contract with the US government..

So. are you a hidden supporter of conspiracy theories? If this wasn't written by "swansont", but by "johndoe", it would get a lot of negs, next day, just because it's a simple conspiracy without any support...

 

 

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25 minutes ago, swansont said:

Citation still needed.

Quibbling is a certainty with how one defines self made, but your request is is entirely fair and valid and aligned with site gestalt 

 

https://www.businessnewsdaily.com/2871-how-most-millionaires-got-rich.html#

Quote

Most of today’s millionaires weren’t born into their wealth, research shows. A study published by Wealth-X found that around 68 percent of those with a net worth of $30 million or more made it themselves. Further, a second study by Fidelity Investments found that 88 percent of all millionaires are self-made, meaning they did not inherit their wealth.


Here’s another take, though, and I find it to be a relevant counter to my previous claim (the above was from Fidelity, the below is from Bank of America):
 

https://www.fool.com/the-ascent/personal-finance/articles/heres-how-many-multimillionaires-are-really-self-made/

Quote

Bank of America Private Bank surveyed people with household investable assets of more than $3 million and over the age of 21. Here's what it found when investigating how those multimillionaires built their wealth:

* 28% are legacy wealth. They had an affluent upbringing and an inheritance. On average, 20% of their assets came from inheritance.

  • 46% got a head start. This includes people who had an affluent upbringing with no inheritance, and people with a middle-class upbringing plus some inheritance. Those in the latter group got an average of 12% of their assets from inheritance.
  •  
  • 27% are self-made. They had a middle-class or poor upbringing and no inheritance.

One of the main observations of the study was that "wealth is often, but not always, connected to prior generations." It also noted that most of the younger respondents between 21 and 42 are legacy wealth, not self-made.

 

17 minutes ago, Sensei said:

am surprised, and actually shocked, to see such a way of arguing

I imagine you’re far more libertarian than most regulars here. We all benefit from shared governance and infrastructure

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5 minutes ago, iNow said:

I imagine you’re far more libertarian than most regulars here. We all benefit from shared governance and infrastructure

..look at my profile photo..

 

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Reminds me of this one 

image.thumb.jpeg.83b431d2d1e2c55f5cae6f198cec82a2.jpeg

 

I believe your intended point is that you’re actually more socialistic and not libertarian. Is that a correct read of your facepalm reference?

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3 hours ago, iNow said:

Approximately 70% of those considered wealthy are self-made according to multiple analyses, but they tend not to give credit to market returns (aka: luck) where that’s clearly a relevant factor. 

I expect the rate of success for self made wealth from initial poverty is very low compared to those starting from even modest (well short of "wealthy") inheritances - or just with families that can afford to be loan guarantors. "Just try hard and you will succeed" works much better for those with existing resources to draw upon - including being able to try again if not succeeding first time around more readily too.

 

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Indeed. Some people have multiple boots with laces all lined up neatly on a dedicated shelf in their closets so it’s far easier for them to lift themselves up by their bootstraps than for those born barefoot to do so. 

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3 hours ago, Sensei said:

Who said I did/do not have view from inside?

I know where you post from is not in the US.

3 hours ago, iNow said:

Here’s another take, though, and I find it to be a relevant counter to my previous claim (the above was from Fidelity, the below is from Bank of America):
 

https://www.fool.com/the-ascent/personal-finance/articles/heres-how-many-multimillionaires-are-really-self-made/

So 27% came from humble beginnings, without some family advantage to exploit. 

And like others I’ve mentioned, possibly taking advantage of government help. IMO “self-made” is largely PR/propaganda, and feeds the myth that the rich are smarter or work harder than the rest of us.

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I would think it is much easier to go from millionaire to billionaire than to go from poverty to millionaire.
The poor, and even middle class these days, need to spend their money to survive and keep a roof over their heads.
They have no 'play' money for investments that can generate large wealth.

Usually 'self-made' means starting off with a small fortune, and turning it into a large one ( most often, at the expense of poorer people ).
E Musk did not start off as destitute; his family had already acquired wealth in the South African gem business.
I'm sure that emerald mine took advantage of a lot of poor black people.
Now he's seen as the 'rags to riches' guru, and people flock to invest with him.

Similarly, B Gates bought a cheap operating system, and when G Kildall went fishing instead of meeting with IBM, Gates was handed the IBM PC compatibility monopoly which lasts to this day.
( but at least he's using his money for some worthwhile causes, these days , unlike E Musk, or J Bezos )

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1 hour ago, MigL said:

I would think it is much easier to go from millionaire to billionaire than to go from poverty to millionaire.

That is very true. The gap is the steepest for the poor, as there is no means to create or amplify wealth. The only resource available is labour and most money will be used to survive, leaving no space to invest. Entrepreneurship is difficult if you have no assets to leverage or if taking risks means to be be living on the streets. 

In contrast, even middle class folks can invest some modest amount after taking care of the essentials. And perversely, the ultra rich do not require income, they can just leverage their wealth.

 

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(looks in, confused, wanders around opening and shutting doors and drawers, peering under furniture....)

Was there a thread on the heritability of autism here somewhere?  

 

(I have heard that the rich are quite tasty, if food supplies are running short)  

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I guess most of us are way off to one side of the spectrum.
Don't autistics have a laser-like focus on the subject they are interested in ?

We all just wander and meander across all sorts of different subjects.
( Hey ! Did you see that squirrel that ran by ? )

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20 hours ago, CharonY said:

Entrepreneurship is difficult if you have no assets to leverage or if taking risks means to be be living on the streets. 

Which is why Andrew Yangs popularization of Universal Basic Income was so appealing to so many. If we guarantee a minimum basic floor for all citizens then we can tap into enormous potential growth. 

8 hours ago, MigL said:

Don't autistics have a laser-like focus on the subject they are interested in ?

You know what they say, “If you've met one individual with autism, you've met one individual with autism.”

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38 minutes ago, iNow said:

“If you've met one individual with autism, you've met one individual with autism.”

Could you really not tell I was trying to set-up a joke about wandering attention ?

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