
Originally Posted by
Robben_Salter
Money can be a measurement of some one's financial intelligence,
however, to base that as a standard has many flaws, here's why.
1# people can con others out of money, this takes no financial intelligence.
2# People can win the lotto. (In this instance, the large sum of money has no reflection of the persons financial intelligence what so ever)
3# people can marry a rich spouse ( this may prove beauty, or appeal, but not financial intelligence)
4# Some one could get lucky starting they're first business (In order to measure some ones Financial I.Q, they must have a track record to base it on.
Another problem with basing the sum of cash, with the intelligence, is that we gain intelligence, when we fail at a venture.
So a man that's failed 10 times, and on his 11th try succeeds has a greater chance of long term success, than the guy who succeeds on his first try.
Why? because he has more real world experience of what NOT TO DO, which often shows us what WE SHOULD DO.
So who on this forum is the best entrepreneur? who cares, it's not a race.
The world of Business and Investing is like golf, while they're may be a score board, the game is really about yourself, not about others.