Chapter
The Strangeness of Wealth
2:13:04 - 2:17:49 (04:45)
The speaker discusses the strange behavior of wealthy people who are still cheap and unwilling to donate to worthwhile charities and develop biases towards those less fortunate.
Clips
The speaker expresses confusion over the fact that many wealthy people seem to be stingy with their money instead of donating to worthwhile charities.
2:13:04 - 2:15:39 (02:35)
Psychology of Wealth
Summary
The speaker expresses confusion over the fact that many wealthy people seem to be stingy with their money instead of donating to worthwhile charities. They critique the notion that wealth is purely the result of effort and emphasize the role that privilege and luck play in achieving financial success.
ChapterThe Strangeness of Wealth
Episode#324 – Daniel Negreanu: Poker
PodcastLex Fridman Podcast
Professional poker players acknowledge the role of luck in their career success and acknowledge that not everyone has equal access to opportunities.
2:15:39 - 2:17:49 (02:10)
Poker
Summary
Professional poker players acknowledge the role of luck in their career success and acknowledge that not everyone has equal access to opportunities. While skill and intelligence are necessary, being in the right place at the right time also plays a significant role.