Most criticism in this thread can be summarized as:
He is dumb and unsophisticated
He doesn’t give technical advice
The assumption is that success comes from being smart or credentialed (or fraudulent). This is a bad bias because it manifests as an inability to learn from sources outside your demographic. Furthermore, you develop a susceptibility towards marketing which presents itself as sophisticated (journalist podcasts, Ted talks, ML white papers, etc).
It didn’t take a genius to make money in real estate in 1980. You probably have dumb relatives who did it too. The character traits that helped most were optimism and tolerance for risk. Is this true today? I don’t know. Thinking about that question is more fruitful than assuming failure and seeking evidence to support that view.
It didn’t take a genius to make money in real estate in 1980. You probably have dumb relatives who did it too. The character traits that helped most were optimism and tolerance for risk. Is this true today? I don’t know. Thinking about that question is more fruitful than assuming failure and seeking evidence to support that view.