Let's have a debate.

I just tweeted that there's no bigger lie than the thought that life coaching and make money coaches are a scam.

Basically, 100% of people do better when they're guided by a guru.

And essentially, 0% of individual wealth has been created by the alternative, a traditional university education.

So a guy wrote back, this is where the debate starts.

You think I'm right? That basically individual wealth, one person becoming hyper wealthy,

is unrelated to university education. Now some people will say, ah, because people suck at statistics.

What do you mean? Most of the wealthy people in the world went to university.

Causation versus correlation. So, for example, Harvard, the individuals who became the wealthiest

from Harvard, Mark Zuckerberg, Facebook, Bill Gates, both of them have trillion dollar companies.

They dropped out of Harvard. So is it the fact that Harvard takes all the high IQ rich kids who are already likely to become wealthy,

puts them in a room, and what they do with them isn't even important?

Oh no, but Ty, you know, a good professor is worth their weight in gold. Yes. But in general, the number one thing

that creates wealth is your parents being wealthy. Over 75% of self-made billionaires had rich parents.

Yeah, they still created their wealth. So Harvard, should they get patted on the back? Wow, you create all these

wealthy people? No, a pig farm, a pig farm in the middle of central the United States, in Iowa,

could suddenly say, all right, all high IQ rich kids come here and work on the pig farm. And you

track 10 years later, that pig farm would have

created more wealth than a local university who didn't have the rich high IQ kids. So we're

confusing things. You're confusing things. It's predispositions for wealth and Harvard just has to be

a place. But if you look at the ones who make the most money, they don't even go to the classes.

Paul Allen dropped out, Bill Gates dropped out is up where they even go to the classes.

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