Warren Buffet is from omaha Nebraska, simp
Why do northerners call southerners slow, but all the billionaire businessman are from the south?
- Thread starter BrothaZay
- Start date
Warren Buffet is from omaha Nebraska, simp
godkiller
"We are the Fury"
Money is correlated with intelligence because higher education is associated with higher incomes. For example, virtually all millionaires and billionaires have advanced degrees.
Not true at all and if somewhat true it's very misleading? How many of those milliionaires/billionaires got those advanced degrees after they became millionaires/billionaires?
Also how many of them have come out and said they're degrees had little to do with their success?
http://news-beta.slashdot.org/story...founder-gives-out-100000-to-not-go-to-college
One of the Paypal co-founders gave people money to forego college
Demon
Evil b*stard
none of that shyt matters...ive been down south and actually had people ask me if i could slow down while im talking.
on multiple occasions
on multiple occasions
godkiller
"We are the Fury"
One can only afford to forgo college if 1) they are brilliant already and/or 2) are already wealthy so getting an education might necessarily mean that much more money. For everyone else college is virtually the only way they'll see higher income:
The Myth of the Millionaire College Dropout
In the latest assault on higher education, a new book paints a misleading picture of the road to riches without a college degree
By Vartan GregorianOct. 21, 2011 1 Comment
Photo Illustration by Alexander Ho for TIME; Getty Images (3)
Is College Worth It? Reuters
Follow @TIMEIdeas
In the new book The Education of Millionaires, Michael Ellsberg suggests that although “there are many wonderful things you can learn in college,” few of them are transferable to real life. Perhaps in an effort to fill that perceived gap, Ellsberg has written what might be characterized as a motivational self-help manual that aims to reveal “the capabilities and mind-sets that will get you ahead outside the classroom.”
(MORE: The 20 Best- and Worst-Paid College Majors)
So far, so good. I welcome the kind of robust debate about the value of higher education that this book may engender. It is necessary to bear in mind, however, that what Ellsberg also reveals is a passionate regard for making money — lots of it — as a measure of the value of an individual’s work and worth. To defend his thesis, the author cites a number of college dropouts — such as Bill Gates, Mark Zuckerberg and Michael Dell — to demonstrate how successful they have become without the benefit of a college degree. Their stories, though compelling, point towards the highly misleading conclusion that higher education may sometimes be more a hindrance than a benefit to those seeking to thrive anywhere north of the poverty line. I notice that Ellsberg does not challenge the value of a degree when it comes to professions other than entrepreneur — that makes sense because none of us would consult a lawyer or put ourselves in the hands of a surgeon or even an accountant who had not undergone rigorous education. I am also not surprised that while Ellsberg highlights the accomplishments of dropouts, he excludes degree holders who have become wealthy and famous. For example, of the current Fortune 500 CEOs, some 99% have a college degree. Similarly, of the Forbes 400 richest people in America, 81% hold postsecondary degrees. (In my experience, when the time comes for both well-off college dropouts and graduates to send their children to school, they both opt for the most highly rated schools on anyone’s list, no matter what the cost.) So why should the exception — the dropout — become the rule to emulate?
Debates about the value of higher education are always acute during times of economic and social crises. Questions arise about whether the halls of academia or the college of hard knocks provide better preparation for dealing with life’s challenges. The cost of higher education dominates the debate, although critics tend to trot out the price of an Ivy League school rather than reference the more affordable tuitions at the nation’s many excellent public colleges and universities, which educate the majority of U.S. students. Regardless, the fact remains that people with college degrees still earn much more — and are more likely to have a job to begin with — than people without.
(MORE: Actually, College Is Very Much Worth It)
But what is forgotten in the discussion about dollars and cents is that the purpose of education, whatever its cost or its source, is not simply to enable one to earn a living but to prepare one for living over the course of an entire lifetime with all the ups and downs that come our way. This is particularly true of the liberal arts which, I believe, are the key to endowing students with the perspective for reflection upon the nature and texture of their own lives. The liberal arts provide young men and women with the standards by which to measure human achievement and to recognize and respect the moral courage required to endure human anxiety and suffering as well as to analyze and plan how to achieve their individual goals. One might be wise to recall Derek Bok’s famous statement that if you think education is costly, compare it to the price of ignorance.
What is also left out of the debate about higher education is that its purpose is not just to provide a pathway paved with gold for the nation’s elites. If we frame the discussion that way, we may unintentionally serve to disparage the people who are in charge of the daily management, maintenance and smooth operation of our civilization — the men and women who deliver our mail, comprise our police force, serve in our military, work in our libraries, teach our elementary school children, and devote themselves to a thousand other jobs that, if not performed with responsibility, commitment and creativity, would undermine the basic structures of our society. Though these individuals may not be reaching for the kind of stars that Michael Ellsberg and others would have them aspire to grasp, most are doing something even more important: they are engaging in the useful tasks of good citizens and contributing to the common welfare, including providing for their families. And perhaps they are even carrying out what Marcus Aurelius called “one of our assignments in life … to do what needs doing.” In my book, that is more than quite enough.
godkiller
"We are the Fury"
@L&HH
About Peter Thiel's "offer" not to attend collee:
Vivek Wadhwa: Frustrated that Silicon Valley’s entrepreneurs “were not focused on breakthrough technologies that will take civilization to the next level,” Peter Thielannounced the Thiel Fellowship in September 2010. He paid children $100,000 not to complete their college educations. His plan was to have them build world-changing companies instead of wasting their time at school burdened by “incredible amounts of debt.”
In an article that I wrote when I first heard about his idea, I pleaded, “Friends don’t let friends take education advice from Peter Thiel.” The best path to success is not to drop out of college, but to complete it, I argued. “Thiel’s experiment will increase the probability of success for the students he selects,” said Stanford Engineering Dean Jim Plummer, “because of the mentoring and the financial help they will receive.”
Indeed, with all the connections and hand-holding that they receive, the Thiel Fellows, Plummer and I expected, would achieve success exceeding that of other Stanford engineering graduates and dropouts — and of those in similar startup incubators like Y-Combinator and TechStars. We thought that because the deck was stacked, there would be many wildly successful Thiel startups.
But three years later, I’m not amazed at any Thiel startups. The few successes lauded seem to be a mirage — or just plain silly. After all, is a “caffeine spray,” which Thiel Fellow Ben Yu developed with venture capitalist Deven Soni, a world-changing innovation that will “take civilization to the next level”? I don’t think so.
The best-known Thiel Fellow is Dale Stephens. What’s his greatest achievement? He got a book deal to talk about what he achieved by dropping out of school: getting a book deal. Stephens may have gained fame and fortune by persuading other children not to go to school, but that does not improve the world.
The much-hyped first exit of a Thiel company was the acquisition of GigLocator.Founder James Proud supposedly sold it for a six-figure sum. GigLocator aggregated information about artists and the venues where they played. But how is that different from the simplistic Silicon Valley startups that Thiel complains about? And on what basis does a company that was started in 2008 — three years before Proud joined — represent a successful Thiel Foundation exit?
And then there was the disastrous Airy Labs. According to TechCrunch, it wasn’t Thiel Fellow Andrew Hsu who ran the company; it was his father, mother and brother. No surprise. How can a child with no basic education and no business experience manage 20 employees and millions of dollars?
That’s not to say that there aren’t a few interesting startups listed on the Thiel Foundation’s website. SunSaluter, founded by Eden Full, built a prototype of a device that rotates solar panels to follow the sun.
Paul Gu is credited with co-founding a website, Upstart.com, to help people crowd-fund their education or business in return for a percentage of their future earnings or revenue. (Ironically, this values a person more highly for better education and pedigree.)
And Laura Deming was lauded for working on the development of a cure for ageing.
But Eden Full is back at Princeton pursuing a mechanical engineering degree (she said via email that others are still working on her product). It turns out that Paul Gudidn’t come up with the idea for Upstart but joined as a co-founder some ex-Google executives who had. And Laura Deming abandoned her research at MIT to become a venture capitalist instead.
There may be some great Thiel startups existing in stealth mode that I don’t know about. And it may well be that some Thiel Fellows achieve success on their second or third attempts. I certainly hope that is the case.
But the survival rates of Thiel startups pale in comparison with those emerging from TechStars, which provides hand-holding and mentorship as the Thiel program does. Of the 129 companies that TechStars (which publishes its success rates) has accepted over the past three years — in the same timeframe as Thiel — 98 percent are still in operation, and 69 percent were able to raise venture capital. Yes, we are comparing adults in the TechStars program with teen college-dropouts, and that isn’t a fair comparison. But wasn’t Thiel’s point that he could incubate his own Mark Zuckerbergs by saving children from the tyranny of college?
Three years is a long time in the technology world, and there should have been several notable successes from the batches of 20-24 students that the Thiel Foundation admitted. If Thiel had delivered what he promised, these startups should have all been in the category of “world-changing,” and a vast majority should still exist.
The reality is that a bachelor’s degree is an important foundation for success for most entrepreneurs. Yes, a few, such as Zuckerberg, Steve Jobs and Bill Gates, were able to achieve success after dropping out. But they surrounded themselves with very competent adults, and they were very lucky. All three have extolled the virtues of education and encouraged children to finish college. And their companies rarely hire college dropouts.
One good question Thiel often raises is whether you need to learn what’s taught in college. My dean at Duke University, Tom Katsouleas, has a great answer. He tells the story of a high school teacher whose students confronted him with the same question: “Why do we need to learn this?” The teacher replied, “You don’t. You need to learn to ask just one question.” The piqued students implored him to tell what that was. His answer: “Would you like fries with that?”
Sadly, for the vast majority of college dropouts, the opportunities are sparse. Theywon’t earn nearly as much as their friends who had the perseverance to finish what they had started. And if they do become entrepreneurs, the companies they start will be far less successful than those started by degree-holders.
After three years, Thiel’s experiment is beginning to prove that there are no shortcuts to success.
Let me suggest an alternative experiment to Thiel: fund disadvantaged kids from non-elite schools. Thiel Fellows such as Eden Full rave about the experience they had in the program. For them, this is a nice detour from their courses at elite universities. They can always go back to Princeton or Harvard without having lost anything. Why not give the same opportunity to children who are left out?
Hanging out with venture capitalists and industry moguls in Silicon Valley could be life changing for brilliant but poor children. Or better still, provide these children with scholarships so that they can complete their higher education and then fund their startups. I expect that this will have a far greater impact and will motivate many others to think big and help solve the world’s problems.
Editor’s note: We have sought a response post from Peter Thiel, which we hope to post soon.
About Peter Thiel's "offer" not to attend collee:
Vivek Wadhwa: Frustrated that Silicon Valley’s entrepreneurs “were not focused on breakthrough technologies that will take civilization to the next level,” Peter Thielannounced the Thiel Fellowship in September 2010. He paid children $100,000 not to complete their college educations. His plan was to have them build world-changing companies instead of wasting their time at school burdened by “incredible amounts of debt.”
In an article that I wrote when I first heard about his idea, I pleaded, “Friends don’t let friends take education advice from Peter Thiel.” The best path to success is not to drop out of college, but to complete it, I argued. “Thiel’s experiment will increase the probability of success for the students he selects,” said Stanford Engineering Dean Jim Plummer, “because of the mentoring and the financial help they will receive.”
Indeed, with all the connections and hand-holding that they receive, the Thiel Fellows, Plummer and I expected, would achieve success exceeding that of other Stanford engineering graduates and dropouts — and of those in similar startup incubators like Y-Combinator and TechStars. We thought that because the deck was stacked, there would be many wildly successful Thiel startups.
But three years later, I’m not amazed at any Thiel startups. The few successes lauded seem to be a mirage — or just plain silly. After all, is a “caffeine spray,” which Thiel Fellow Ben Yu developed with venture capitalist Deven Soni, a world-changing innovation that will “take civilization to the next level”? I don’t think so.
The best-known Thiel Fellow is Dale Stephens. What’s his greatest achievement? He got a book deal to talk about what he achieved by dropping out of school: getting a book deal. Stephens may have gained fame and fortune by persuading other children not to go to school, but that does not improve the world.
The much-hyped first exit of a Thiel company was the acquisition of GigLocator.Founder James Proud supposedly sold it for a six-figure sum. GigLocator aggregated information about artists and the venues where they played. But how is that different from the simplistic Silicon Valley startups that Thiel complains about? And on what basis does a company that was started in 2008 — three years before Proud joined — represent a successful Thiel Foundation exit?
And then there was the disastrous Airy Labs. According to TechCrunch, it wasn’t Thiel Fellow Andrew Hsu who ran the company; it was his father, mother and brother. No surprise. How can a child with no basic education and no business experience manage 20 employees and millions of dollars?
That’s not to say that there aren’t a few interesting startups listed on the Thiel Foundation’s website. SunSaluter, founded by Eden Full, built a prototype of a device that rotates solar panels to follow the sun.
Paul Gu is credited with co-founding a website, Upstart.com, to help people crowd-fund their education or business in return for a percentage of their future earnings or revenue. (Ironically, this values a person more highly for better education and pedigree.)
And Laura Deming was lauded for working on the development of a cure for ageing.
But Eden Full is back at Princeton pursuing a mechanical engineering degree (she said via email that others are still working on her product). It turns out that Paul Gudidn’t come up with the idea for Upstart but joined as a co-founder some ex-Google executives who had. And Laura Deming abandoned her research at MIT to become a venture capitalist instead.
There may be some great Thiel startups existing in stealth mode that I don’t know about. And it may well be that some Thiel Fellows achieve success on their second or third attempts. I certainly hope that is the case.
But the survival rates of Thiel startups pale in comparison with those emerging from TechStars, which provides hand-holding and mentorship as the Thiel program does. Of the 129 companies that TechStars (which publishes its success rates) has accepted over the past three years — in the same timeframe as Thiel — 98 percent are still in operation, and 69 percent were able to raise venture capital. Yes, we are comparing adults in the TechStars program with teen college-dropouts, and that isn’t a fair comparison. But wasn’t Thiel’s point that he could incubate his own Mark Zuckerbergs by saving children from the tyranny of college?
Three years is a long time in the technology world, and there should have been several notable successes from the batches of 20-24 students that the Thiel Foundation admitted. If Thiel had delivered what he promised, these startups should have all been in the category of “world-changing,” and a vast majority should still exist.
The reality is that a bachelor’s degree is an important foundation for success for most entrepreneurs. Yes, a few, such as Zuckerberg, Steve Jobs and Bill Gates, were able to achieve success after dropping out. But they surrounded themselves with very competent adults, and they were very lucky. All three have extolled the virtues of education and encouraged children to finish college. And their companies rarely hire college dropouts.
One good question Thiel often raises is whether you need to learn what’s taught in college. My dean at Duke University, Tom Katsouleas, has a great answer. He tells the story of a high school teacher whose students confronted him with the same question: “Why do we need to learn this?” The teacher replied, “You don’t. You need to learn to ask just one question.” The piqued students implored him to tell what that was. His answer: “Would you like fries with that?”
Sadly, for the vast majority of college dropouts, the opportunities are sparse. Theywon’t earn nearly as much as their friends who had the perseverance to finish what they had started. And if they do become entrepreneurs, the companies they start will be far less successful than those started by degree-holders.
After three years, Thiel’s experiment is beginning to prove that there are no shortcuts to success.
Let me suggest an alternative experiment to Thiel: fund disadvantaged kids from non-elite schools. Thiel Fellows such as Eden Full rave about the experience they had in the program. For them, this is a nice detour from their courses at elite universities. They can always go back to Princeton or Harvard without having lost anything. Why not give the same opportunity to children who are left out?
Hanging out with venture capitalists and industry moguls in Silicon Valley could be life changing for brilliant but poor children. Or better still, provide these children with scholarships so that they can complete their higher education and then fund their startups. I expect that this will have a far greater impact and will motivate many others to think big and help solve the world’s problems.
Editor’s note: We have sought a response post from Peter Thiel, which we hope to post soon.
Mr. Somebody
Friend Of A Friend
Maybe his folks were actively involved in the east vs west wars of the 90s that claimed countless lives.I've never seen a dude so obsessed with regions
Dude got the epitome of a local mind.
I dunno know why but that made me laffOnce again your completely missing the point and is the reason someone like you can never be wealthy
There's nothing super intelligent about doing business, it's all leverage and oppertunity
Last edited:
What does any of this have to do with Intelligence?
Bill Gates never wrote a program never built any computer hardware, he is not a computer genius, he's just a shrewd business man
kermit da hustla
Banned
jay-z and puffy are from nyc. 
godkiller
"We are the Fury"
I suspect more intelligent people will run better businesses. Most people are able to become doctors, lawyers, CEOS, consultants, academics, etc are smarter than average. Although Bill Gates didn't create Windows per se, he knew how to program from a very early age and was regarded as brilliant. Steve Jobs too. Gates' company later hired engineers and programmers from Xerox, who were smart people themselves, and they created Windows.
Demon
Evil b*stard
if you wanna believe that, then
ive been to georgia and alabama way too many times to count. I got a homie outside out of atlanta getting it there. Multiple occasions Ive spoke to people and theyre like
"what you just say? slow down a little!"They aren't really quick thinkers either. Thats why you can hustle a southerner out of something and he wont realize it til later on when he's about to go to sleep and he reflects on his day...then all the sudden he's like
wait a minute...None of this reflects on their intelligence though. Its a different lifestyle down there. Maybe "slow" is the wrong word to use, but their way of living is definitely "slow". Its a huge culture shock growing up somewhere in the tri state like philly or NYC and then visiting the south. You're used to a huge, hustle and bustle city...fast life, fast talking and quick thinking.
Then you go down south and you talk to someone and it takes them a whole minute to get a sentence out of their mouth....and theres always enough time for everything.
Hence why we call them "slow"
if you wanna believe that, then
ive been to georgia and alabama way too many times to count. I got a homie outside out of atlanta getting it there. Multiple occasions Ive spoke to people and theyre like
They aren't really quick thinkers either. Thats why you can hustle a southerner out of something and he wont realize it til later on when he's about to go to sleep and he reflects on his day...then all the sudden he's like
None of this reflects on their intelligence though. Its a different lifestyle down there. Maybe "slow" is the wrong word to use, but their way of living is definitely "slow". Its a huge culture shock growing up somewhere in the tri state like philly or NYC and then visiting the south. You're used to a huge, hustle and bustle city...fast life, fast talking and quick thinking.
Then you go down south and you talk to someone and it takes them a whole minute to get a sentence out of their mouth....and theres always enough time for everything.
Hence why we call them "slow"
