Groups | Search | Server Info | Keyboard shortcuts | Login | Register [http] [https] [nntp] [nntps]

Groups > comp.lang.forth > #41256

Re: OT: Farewell Windows

From "Rod Pemberton" <boo@fasdfrewar.cdm>
Newsgroups comp.lang.forth
Subject Re: OT: Farewell Windows
Date 2015-08-10 06:30 -0400
Organization Aioe.org NNTP Server
Message-ID <op.x25d4kogyfako5@localhost> (permalink)
References (5 earlier) <2b6c8713-36cd-438b-a9d3-c18dde789f08@googlegroups.com> <mq4i8a$jf9$1@dont-email.me> <op.x23eyjrryfako5@localhost> <p9GdnR291bjAnlXInZ2dnUU7-audnZ2d@supernews.com> <2015Aug10.094159@mips.complang.tuwien.ac.at>

Show all headers | View raw

On Mon, 10 Aug 2015 03:41:59 -0400, Anton Ertl <anton@mips.complang.tuwien.ac.at> wrote:

> "Elizabeth D. Rather" <erather@forth.com> writes:
>> On 8/8/15 10:52 PM, Rod Pemberton wrote:
>>> On Sat, 08 Aug 2015 05:32:27 -0400, Bernd Paysan <bernd.paysan@gmx.de>
>>> wrote:

>>>> Of course, intelligence amplifies your capabilities, and allows you
>>>> to work around limitations.
>>>
>>> Of course, it can also be argued that intelligence dulls your ambition
>>> and chances at success.  This is because smart people can rationalize
>>> anything and will reject potentially invalid solutions as a waste of
>>> time.   Stupid people are too dumb to realize that the same solution
>>> shouldn't work in the first place.  So, they'll try it.  In many
>>> instances, the stupid succeed where smart people fail.  This is why
>>> there is no proven correlation between intelligence and wealth.
>
> Before more people fall for this red herring, where Rod first makes
> some claims that are more likelt to point to income than wealth, and
> wants to support them with a statement about wealth (and then protests
> when somebody points out that there is a positive correlation between
> IQ and income), let's look at what Google finds for "intelligence
> wealth":

This isn't a "red herring".  I made a comment on decision making,
mentioning wealth as justification.  I completely fail to understand
why everyone is turning it into a comment about income.  Wealth and
income are not even remotely related.

Wealth has nothing whatsoever to do with income.  Wealth comes from
ownership, i.e., equity, primarily via capital gains, but also some
as profit.  Income comes from working for someone else.  You're not
going to become truly wealthy working for someone else.  You can't
earn enough, save enough, invest enough to do so.  You need large
compounded returns which only come through capital gains or massive
price appreciation, e.g., stock in a company you own which you bought
for nothing and sold for hundreds of dollars a share when the company
succeeds and goes public, deflating currency, most expensive artwork
in the world, appreciating real estate in one of the world's most
overpriced market, etc.  Or, you could have others hand it to you,
if you happen to become a banker to billionaires, a successful hedge
fund manager, or a CEO of a Fortune 100 company.  In mathematical
terms, wealth is a related-rate problem, much like water flow or
population growth.

> From: <http://researchnews.osu.edu/archive/intlwlth.htm>
> |The results confirmed research by other scholars that show people with
> |higher IQ scores tend to earn higher incomes. In this study, each
> |point increase in IQ scores was associated with $202 to $616 more
> |income per year.
> |
> |This means the average income difference between a person with an IQ
> |score in the normal range (100) and someone in the top 2 percent of
> |society (130) is currently between $6,000 and $18,500 a year.
> |
> |But when it came to total wealth and the likelihood of financial
> |difficulties, people of below average and average intelligence did
> |just fine when compared with the super-intelligent.
> |
> |The study could find no strong relationship between total wealth and
> |intelligence. How could high-IQ people, on average, earn higher
> |incomes but still not have more wealth than others? Zagorsky said this
> |data can't provide an answer, but it suggests that high-IQ people are
> |not saving as much as others.

That last sentence the last paragraph supports my position,
stating what I stated.  Was that intentional?  You did the
same thing, support my position, the last time or two you
rebuked my statements ...

As visualforth noted, you can find numerous studies demonstrating
no correlation between wealth and intelligence.

> In any case, it seems to me that the income results contradict Rods
> claim that "intelligence dulls your ambition and chances at success",

As I said to Ms. Rather too, my statements weren't purely in regards
to income.  That was just one instance of proof of the issue, i.e.,
simplified, smart people lose out because they don't try.  You chose
to apply wealth to the entire paragraph.  See my reply to Ms. Rather
for an in-depth description using economic terms.


Rod Pemberton

-- 
Scientists now say we'll experience a mini-ice in 2030.
So, I guess we need more global warming today ...

Back to comp.lang.forth | Previous | Next — Previous in thread | Next in thread | Find similar | Unroll thread

Thread

OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-07 04:28 -0700
  Re: OT: Farewell Windows djc <ciesinger@gmx.net> - 2015-08-07 08:35 -0700
  Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 10:51 -0700
    Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-07 21:35 +0200
      Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-07 23:38 +0200
        Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-08 00:34 +0200
      Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 15:50 -0700
        Re: OT: Farewell Windows Julian Fondren <ayrnieu@gmail.com> - 2015-08-07 16:09 -0700
          Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-07 16:23 -0700
        Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-08 01:34 +0200
          Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 22:46 -0700
        Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-08 01:52 +0200
          Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 22:43 -0700
            Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-08 11:32 +0200
              Re: OT: Farewell Windows anton@mips.complang.tuwien.ac.at (Anton Ertl) - 2015-08-08 14:37 +0000
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-08 23:04 +0200
                Re: OT: Farewell Windows Jan Coombs <Jan-54 <jenfhaomndgfwutc@murmic.plus.com>> - 2015-08-09 09:52 +0100
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-09 02:04 -0700
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-09 14:33 -0700
              Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-08 08:32 -0700
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-08 22:28 +0200
                Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-09 04:09 +0200
              Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 04:52 -0400
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-09 14:53 -0700
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-10 01:15 +0200
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 20:46 -0400
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-09 17:56 -0700
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-11 00:41 +0200
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-10 21:44 -0700
                Re: OT: Farewell Windows hughaguilar96@gmail.com - 2015-08-10 21:53 -0700
                Re: OT: Farewell Windows "Elizabeth D. Rather" <erather@forth.com> - 2015-08-09 15:50 -1000
                Re: OT: Farewell Windows hughaguilar96@gmail.com - 2015-08-09 19:26 -0700
                Re: OT: Farewell Windows anton@mips.complang.tuwien.ac.at (Anton Ertl) - 2015-08-10 07:41 +0000
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-10 06:30 -0400
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-10 06:30 -0400
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-10 05:02 -0700
                Re: OT: Farewell Windows hughaguilar96@gmail.com - 2015-08-10 21:45 -0700
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-11 02:20 -0400
                Re: OT: Farewell Windows "Alex McDonald" <blog@rivadpm.com> - 2015-08-11 08:30 +0100
                Re: OT: Farewell Windows "HAA" <someone@microsoft.com> - 2015-08-16 12:59 +1000
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-17 00:01 +0200
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-17 18:45 -0700
          Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 23:23 -0700
            Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-08 08:35 +0200
              Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-08 00:10 -0700
                Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-08 09:52 +0200
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-08 01:13 -0700
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 04:45 -0400
                Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-09 14:26 -0700
                Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-10 01:12 +0200
            Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 04:41 -0400
              Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-09 14:20 -0700
                Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-10 00:40 +0200
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 19:49 -0400
                Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-10 02:09 +0200
                Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-09 20:51 -0400
        Re: OT: Farewell Windows "Rod Pemberton" <boo@fasdfrewar.cdm> - 2015-08-08 02:59 -0400
      Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-07 16:38 -0700
        Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-08 01:51 +0200
          Re: OT: Farewell Windows Hannu Vuolasaho <vuokkosetae@gmail.com> - 2015-08-08 07:46 +0300
        Re: OT: Farewell Windows visualforth@rocketmail.com - 2015-08-07 22:49 -0700
    Re: OT: Farewell Windows humptydumpty <ouatubi@gmail.com> - 2015-08-10 23:28 -0700
      Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-11 02:24 -0700
        Re: OT: Farewell Windows humptydumpty <ouatubi@gmail.com> - 2015-08-11 03:10 -0700
        Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-11 13:57 +0200
          Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-11 05:12 -0700
          Re: OT: Farewell Windows Melzzzzz <mel@zzzzz.com> - 2015-08-11 15:17 +0200
            Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-11 08:04 -0700
              Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-11 22:04 +0200
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-12 05:42 -0700
                Re: OT: Farewell Windows Richard Owlett <rowlett@cloud85.net> - 2015-08-12 08:33 -0500
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-12 07:21 -0700
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-12 07:47 -0700
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-12 08:06 -0700
                Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-12 08:07 -0700
            Re: OT: Farewell Windows Mark Wills <markwills1970@gmail.com> - 2015-08-11 08:07 -0700
            Re: OT: Farewell Windows Bernd Paysan <bernd.paysan@gmx.de> - 2015-08-11 21:58 +0200
        Re: OT: Farewell Windows anton@mips.complang.tuwien.ac.at (Anton Ertl) - 2015-08-11 13:11 +0000

csiph-web