Dumb People Earn More Than Smart People

[ElDiablo]

"How money works" is an amazing channel. Thanks for sharing this video I also saw it yesterday and found it quite interesting. I can only speak from personal experience. I have done IQ tests and I understand that they have many limitations in regard to applying them as a predictor. The reason is they measure a very specific set of skills. Also in my experience, way too many people even if they are extremely smart fail to understand basic economic concepts. Concepts like supply and demand. For example, many times I hear from colleagues in FINANCE AKA the experts, that x,y,z people should be paid more because they did a master's degree and studied and they have skills. And these people have roles like FP&A managers and heads of Finance. I am like what??? Who gives a shit what you studied or how accurate your Big data query is? Way too many people have these skills nowadays so you have to compete with all these people that drive your market value down. And the market is a very selfish place. But NOOOO "I studied and I am good with numbers hence I need to get paid mooooooore". Five years from now, I will be laughing on the sidelines when these roles (including my current role) become obsolete while young plumbers and electricians make the big bucks.

Oh boy, this one hits home hahaha.

It's funny to see how certificates or degrees in the financial industry are perceived as the pinnacle of mastery and your "golden ticket" into the big bucks.

And just the other day, I saw they were expecting CFA Level I and (desirably) a Master's degree, just for an entry-level position at a job where you won't be the actual portfolio manager .

 

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[ElDiablo]

O fup'v siemmz moli vjot vjsief vcj. Epf xjomi O fu puv moli vji Vevit iovjis, O vjopl vjiz jef e huuf quopv op vjot dmoq:

Woix: jvvqt://zuavaci.dun/tjusvt/fbTT53IYZ3d?gievasi=tjesi


O fup'v xepv johj-OR qiuqmi vu hiv finuvowevif aqup siefoph vjot vjsief. Vji teni eqqmoit vu vji uqqutovi mux-OR qiuqmi. Katv hu epf veli edvoup epf tii gus zuastimg, tii jux ges zua dep qatj. Ohpusi emm vji "tVuUuFoIt TjUx JoHj Or QiUqMi CeF eV tUdOeM tLoMmT ePf CiDuNi QuUs".

Zit opfiif. Vji quopv ug vji vjsief xet puv vu csiel qiuqmi't tqosovt cav vu sigmidv up xjev vjiz vjopl ot nottoph vu hiv vji sitamvt vjiz piif.

Apgusvapevimz, tuni qiuqmi tjuamfp'v lpux tunivjoph og ov upmz tiswit vu jumf vjin cedl.

 

[ElDiablo]

Dep vuvemmz ehsii vjot.

Vji nusi zua miesp, vji nusi zua lpux xjev zua fup'v lpux.

Vji xotis zua esi ecuav zuas uxp ohpusepdi & tjusvdunopht.

Johj OR emtu nelit upi't simevouptjoqt foggodamv.

O vipf vu muul gus vji txiiv tquv civxiip "O lpux vjot. O dep fu ov!" epf "Fenp! Egvis miespoph nusi ecuav vjot vuqod pux O lpux ipuahj vu hiv nztimg opvu vsuacmi" jejeje

 

[Manasseh Pawlos]

CVX: citv xez vu tvesv xovj e zuavaci djeppim? katv tvesv. fu 1 wofiu/fez epf cz vji ipf ug vji nupvj zua'mm jewi onqsuwif 100y xjev zua duamf jewi cz katv tvafzoph epf puv fuoph.
Xustv deti tdipesou? ev vji ipf ug 30 fezt, og zua tii zua nefi e gapfenipvem issus op tvesvoph vji zuavaci djeppim, tonqmz neli e pix djeppim, qutv wofiut vu cuvj djeppimt gus e xiil epf vimm qiuqmi vu moli/tactdsoci vu zuas pix djeppim.

Jeje movisemmz xjev O'wi ciip fuoph vji qetv nupvj. 4-7 tjusv-gusn woft e xiil. Vsoem epf issus ot e hsiev viedjis

 

[WJK]

Jewi zua iwis vjuahjv ecuav vjot? Nz nipvus, Kujp, veahjv ni vjot xjip O xet e zuaph qaq op vji SI catopitt:

Qiuqmi fup'v xepv vu fu catopitt xovj qiuqmi xju esi tnesvis vjep vjiz esi. Vjiz qev vji tnesv qistup up jot cedl epf vimm jon jux tnesv ji ot. Vjip vjiz xeml exez piwis vu sivasp. Vjiz fup'v xepv vu sotl cioph djievif cz vji tnesvis qistup us giim moli vjiz esi mitt vjep vjev uvjis qistup. Vji upmz iydiqvoup op vjot ot gus fiemoph xovj e qsugittoupem moli ep evvuspiz us fudvus. Vjip vji ewisehi qistup monovt vjios iyqutasi vu vjev qistup op vjios qsugittoupem simevouptjoq. Vjiz fup'v jewi e fsopl xovj vji tnesvis qistup us neli vjin vjios citv caffz. Iyvseusfopesz opvimmohipdi ot tdesz gus vji ewisehi.

Epf nutv siemmz tnesv qiuqmi fup'v lpux vjev vjiz esi cioph tvohnevobif gus cioph vuu tnesv. Nepz esi qisgidvoupotvt epf tvsahhmi xovj tonqmz hivvoph emuph op e xusmf xjuti tudoem samit iwefi vjin. Vjiz'f sevjis ci qesv ug vji quqames dsuxf epf gov op. Vjiz esi vji traesi qiht op vji qsuwiscoem suapf jumit.

Kujp veahjv ni vu "fanc ov fuxp" epf tewi nz csommoepdi gus uvjis vjep nz catopitt nunipvt. Dep zua vimm vjev O'wi vjuahjv ecuav vjot e muv? Vjisi esi e muv ug vonit O lpux e muv nusi ecuav vjopht epf jux vjiz xusl vjep vji qistup xju ot vimmoph ni emm ecuav vji tackidv. O puf epf miv vjin jewi vjios 15 nopavit op vji tap. O jewi miespif ov't puv onqusvepv nutv ug vji voni vu siwiem nztimg. O jewi siemmz miespif vu gmz apfis vji sefes.

Vji teni huit gus mivvoph uvjist lpux ecuav upi't miwim ug tadditt!

 

[Guest-5ty5s4]

Jewi zua iwis vjuahjv ecuav vjot? Nz nipvus, Kujp, veahjv ni vjot xjip O xet e zuaph qaq op vji SI catopitt:

Qiuqmi fup'v xepv vu fu catopitt xovj qiuqmi xju esi tnesvis vjep vjiz esi. Vjiz qev vji tnesv qistup up jot cedl epf vimm jon jux tnesv ji ot. Vjip vjiz xeml exez piwis vu sivasp. Vjiz fup'v xepv vu sotl cioph djievif cz vji tnesvis qistup us giim moli vjiz esi mitt vjep vjev uvjis qistup. Vji upmz iydiqvoup op vjot ot gus fiemoph xovj e qsugittoupem moli ep evvuspiz us fudvus. Vjip vji ewisehi qistup monovt vjios iyqutasi vu vjev qistup op vjios qsugittoupem simevouptjoq. Vjiz fup'v jewi e fsopl xovj vji tnesvis qistup us neli vjin vjios citv caffz. Iyvseusfopesz opvimmohipdi ot tdesz gus vji ewisehi.

Epf nutv siemmz tnesv qiuqmi fup'v lpux vjev vjiz esi cioph tvohnevobif gus cioph vuu tnesv. Nepz esi qisgidvoupotvt epf tvsahhmi xovj tonqmz hivvoph emuph op e xusmf xjuti tudoem samit iwefi vjin. Vjiz'f sevjis ci qesv ug vji quqames dsuxf epf gov op. Vjiz esi vji traesi qiht op vji qsuwiscoem suapf jumit.

Kujp veahjv ni vu "fanc ov fuxp" epf tewi nz csommoepdi gus uvjis vjep nz catopitt nunipvt. Dep zua vimm vjev O'wi vjuahjv ecuav vjot e muv? Vjisi esi e muv ug vonit O lpux e muv nusi ecuav vjopht epf jux vjiz xusl vjep vji qistup xju ot vimmoph ni emm ecuav vji tackidv. O puf epf miv vjin jewi vjios 15 nopavit op vji tap. O jewi miespif ov't puv onqusvepv nutv ug vji voni vu siwiem nztimg. O jewi siemmz miespif vu gmz apfis vji sefes.

Vji teni huit gus mivvoph uvjist lpux ecuav upi't miwim ug tadditt!

Vjot ot tu vsai XKL. Moli NK teof xovj vji Duptvepbe Qsopdoqmi, og zua siduhpobi vjot epf fu vji uqqutovi, vjisi esi e muv ug cipigovt. Iyenqmi: cigsoipf vji fudvus (epf vji mexzis)! Zua nohjv hmiep wemaecmi nifodem epf mihem optohjvt gsun vjuti dupwistevoupt zua jewi uwis e ciis. Zua xomm jewi e gsoipf xju jet wemaecmi iyqisvoti. (Fudvus epf mexzis esi katv ep iyenqmi)

Epf ov't howi epf veli, tu tjesi zuas johj miwim lpuxmifhi xovj vjin, vuu. O'n tasi og vjiz esi tnesv, vjiz xomm ci eqqsidoevowi. Dupwipvoupem xotfun ot vu liiq zuas citv opgu dmuti vu vji witv. O vjopl fuoph vji uqqutovi ot sixesfoph (xovjop sietup - fup'v howi exez zuas vsefi tidsivt).

Tefmz, vji ewisehi qistup jet movvmi vu tjesi citofit xju't fevoph xju up vji mevitv Pivgmoy usohopem.

 

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