this post was submitted on 16 Sep 2025
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This myth needs to die hard. Inheriting off daddy’s blood emerald mine allows you to start businesses and buy people to make them work. This takes zero intelligence — it takes capital which was not earned. It continues to make money through the labor of shady accountants who know how to keep you from paying taxes, the labor of H1-B visa holder slaves, non-unionized assembly line workers, etc. who you crush and exploit for more capital to keep repeating the same unethical and dumb shit.
What should cure people of it fast is listening to real estate investment podcasts. These people are often dumb as rocks. They copy each others homework, happen to know the right people, and most importantly, have no ethics. You don't have to be smart to make a fortune in real estate, and you can potentially even do it with zero starting cash, but you do have to forget about ethics.
Toothpaste is for brushing your teeth, not filling the nail holes in the patchy drywall that is our economy! :-)
I helped a former girlfriend move out of her apartment years ago. I brought along a tub of spackling paste to fill the nail holes she'd left in the wall (it was even the kind that goes on pink and then dries white, which is pretty handy). She was mind=blown as she'd never seen anything like it before. I asked her how she filled nail holes and she said she used chewing gum and white-out.