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Bernard White

TEDCRED 20+

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Is Intelligence a good predictor of finical success? And should it be? Considering Economic and social backgrounds. Should we change it?

After having read many books like :
- Outliers by Malcolm Gladwell.
- Office politics by Oliver James.
It seems that Intelligence isn't the best predictor of "finical success". It seems that many other factors matter a lot more, such as : opportunities (which are mostly random), time when you were born, social and economic background, and how "charismatic" you are.
Also if you are a psychopath, it genially seems it helps you a lot in the business world, because you take credit for everything "good" and blame everything "bad" on other people.
When I say "should it be?" I am referring to the fact that some people may work extremely hard, who are less intelligent than someone who doesn't work hard. Now should that person who is "more intelligent" be allowed to do more well, for something he or she didn't even earn.
Another way of putting this is :
- One man works 10 hours to learn the equivalent of what another man take 1 hour to learn. Is that fair?
Would be interested in people's opinions on this, because in the past, there have been studies done on the correlation between "success" and intelligence. And the main factor was : Social and economic background not intelligence.
Also on a separate note : "What is intelligence?" (only answer this one if you want to, or have the time to.) Will ask a separate Ted question, for this issue!

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    Mar 15 2013: What I have observed is that intelligence/reason has to be combined with effort. Little of either, does not lead to sucess.

    Another factor as indicated by Fritzie is what is the goal of the individual. I would say very few have a goal of making a lot of money.
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      Mar 15 2013: Is it fair though, that someone who works hard and isn't intelligent shouldn't be able to succeed?
      And if so, what should we do about it?
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        Mar 15 2013: Hard work alone is not enough. You have to work hard at what someone is willing to pay for.

        What should be done is allow the person the freedom to succeed this is a known and accepted practice.

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