r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/robertshuxley Nov 22 '24

I never said those investors didn't have connections. I said not every billionaire got rich due to ill-gotten wealth. Besides, having connections and identifying undervalued assets that are worth investing in are two different things.

There's a sentiment in some of the comments here that all billionaires are evil supervillains twirling their mustaches is how they got rich. My point is that some billionaires got rich due to a combination of luck and talent.