Quoted for awesomeness.

I swear my manager who is a female, ends up hiring the better looking applicants too a minimum wage job. Most hires are female. Basically I think the better looking ones end up looking more presentable and end up getting hired.


Oh yes this is highly unscientific.

nice link. perfecto on point. i just loaded up jstor and typed in 1 guess and picked 3 studies on the first page. that paper is dead on.

Barron

This thread went from pointless to lol (bad version) to lol (good version).

Thremp likes this.

Me :
In the corporate world, what you do and what value you add to your company is what is important. What you look like has *zero* consequence (unless you are at the intern/entry level, hot girls actually do get a bit of leeway lol).

Henry:
That is in no way accurate. What you look like is very significant.


Me:
Fair enough, good point. I'm definately not as right as I thought I was. I still think I have a decent argument, but I'm being too biased due to my own experiences/perception and applying that across the spectrum, which can't be right.

Barron :
having been on both sides of the hiring process, i can promise you what you look like has a definite impact


I guess if a 5% premium on the good looking side and a 10% penalty for being ugly settles the argument when I conceded it may have an effect, compared to "very significant".. I mean, what can I say.

being involved in an industry, and also being in the right time where profitability as at an all time high.

[x] confused magnitude of estimate and significance

Barron

1. Spend less than you earn.
2. Never take on personal debt (especially a mortgage)
3. Invest in solid dividend companies that outpace inflation.
4. Stay focused on your long-term goals.
5. Don't allow yourself to be influenced by the sheeple.

Anyone can be retired and financially set for life within 5 years if that is their true calling (assuming you have not already sabotaged yourself with debt). If you like superficial things you will need to work longer.

Your posts are steadily getting more and more **** stupid. I'm not sure whether this is brilliant trolling or delusional.

Any high school grad who has parent's that allow them to live at home for 5 years can do this being a trucker, and be financially set for life by 23.

Anyone else can do it with any skilled trade job even if they have to pay rent. If you want to live a life of luxury then work 10 years.

It is sad that we live in such a consumerist society. However, as ironic as it is, living in a consumerist society is what makes this possible.

EDIT: This has already been proven. It is not even up for debate. You have to be willing to spend your money frugally (which is completely different than being cheap). You also need to be willing to fix things yourself. I'd rather spend some of my time taking care of things, than spending all of my time working for someone else so I can hire someone else.

I am financially set for life today by your standards. I just walk out the door and start digging through garbage cans for what I need. Perhaps someone will give me a sandwich if I look hungry.

Bolded for lulz. Is this like how you proved saving for 10 years to buy a house outright is better than getting a mortgage?

No. I am talking about completely paying your way through life for everything. No begging, no stealing. Living a completely legitimate life.

Also saving to pay for a house in cash is vastly superior to taking a mortgage. Obviously, if the real estate industry has any assassins this is probably my last post.

I know I cannot tell you the exact rate of return my investments will get. I said 10 years in other thread only as an example. I plan to save and will buy when I have enough, updating my plan as I go along. It might take 8 years, it might take 12, or even 15. However, I can tell you without a doubt you can own property much faster by renting + saving than taking out a mortgage. Saving at even 0% interest is superior.

Yeah, bro. Enjoy the choice of Angola or Uzbekistan.

I am talking about any state of your choice in the U.S.A. Send me to where you are from and I would already have enough to retire.

Ok, most people should easily get the ovarian lottery stuff. The interesting question is what role luck plays for two people of similar backgrounds whose major goal is financial freedom.

I suspect it is still 80-90% luck (based on nothing but intuition).

Actually the ovarian lottery still applies here. Are we talking about two accountants in the USA or two starving Africans?

One can reach Financial independence within 5 years, the other cannot.

Actually, I take that back. I was implying the American could and the African could not but that is not necessarily true. I was forcing my consumerist culture onto them. They might be able to retire in even less time.

Obviously we're talking about 2 people in a situation where they have a legit chance to achieve financial freedom. IE - not born into middle ages serfdom - or all the modern effed up situations in the world - which I realize are much more prevalent than people born into western capitalist democracies with real opportunity. etc.

Also the African can (and often has) found a way to get him/herself out of the country and at least have a chance. Or he could always get some boy soldiers, lead a coup, and become a dictator. But I don't know if that life counts as financial freedom, since you're always one misstep away from getting killed.

It's highly possible an African who has figured out some way to get to the US - has a better chance at amassing a fortune than the average doughy suburban kid.

Which has yet to be defined. Any American can within 5 years. It should be pretty close for any other country but I'd have to do more research for certain countries.

Was it good luck or a good decision that you invested heavily in the stock market on March 2, 2009 with the plan to "leave this mostly alone until I retire. Unless I think the market gets way overvalued again"?

Was it bad luck or a bad decision that you cashed your chips in June of 2009?

#1 good decision

#2 bad luck

People who are successful are significantly less likely to be obese, and have the means to get plastic surgery if they're still not happy with their appearance.


I think people usually understand "attractiveness" to be the genetic component of how you look. And in that respect, the relationship is significantly weaker than you'd think just by looking at the 'average' person and comparing them to an average wall street employee.


If you had a perfectly controlled environment where two people had identical upbringings, then very little would be left to chance.

But in any real world situation, chance would play a significant role because the two people will experience two different lives that result in them having completely different priorities in life. Even the small things like which friends you happen to make in grade 1 can make a huge difference.

Great points.

Especially that most people that put effort into taking care of themselves tend to be more successful as well.

I don't see many coach potato's leading wall street firms, no matter how good they look. I'm sure there are a few that have managed to stay thin.

However, I do see some people that look like coach potato's (but are full of ambition), leading firms, partially due to their ambition to succeed overriding their desire to take care of themselves.

Pretty sure no one who's ever driven a car packed with trash after the age of 25 has ever amounted to anything.

You've got to be kidding. For a number of reasons.

First if we compare what people driving cars packed with trash make compared to the rest of society, we will see they make more than most college graduates.

Second, once we realize they did not have to take out any loans while lots of people making less money than them are burdened with college debt, we will realize they are actually much better off.


I can continue if you want.

Omg you are taking this way too seriously.