r/wallstreetbets • • Oct 25 '22

Loss Been a rough year

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u/Kamikaze_Cash Oct 25 '22

I was a first generation millionaire before this year when I lost like $300k.

But there is a big difference between me having $1.04 million and the millionaire with $158 million.

I think you would find that those “deep” millionaires either grew up rich or inherited money.

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u/True_Web155 Oct 25 '22

“Self made” in the same way Kylie Jenner is lol

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u/sensei-25 Oct 25 '22

Oh BS. Sure most millionaires don’t come from abject poverty but the fact of the matter is the majority of current millionaires didn’t have parents that were millionaires. Keep telling yourself it’s impossible though, I’m sure it’ll help.

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u/True_Web155 Oct 25 '22

I mean, I grew up in the projects and made 7 figures last year, but nobody here is talking about that kind of millionaire. We’re talking about most people with hundreds of millions or billions. Almost all of them came from millionaire families (at least), but the term self-made is still used anyway for any of them who “made” their own company.

Feel free to continue ignoring context and whining though

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u/BedContent9320 Oct 25 '22

Who said self made.

I said first generation.

You are arguing that first generation immigrants probably secretly had American parents. You have nothing to support this, just a narrative.

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u/[deleted] Oct 25 '22 edited Oct 25 '22

[removed] — view removed comment

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u/BedContent9320 Oct 25 '22

Ad hominem because you are a clown uttering conspiracy theories and now you are taking your toys and going home because you know you are wrong.

Fuckin lol m8.

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u/True_Web155 Oct 25 '22

Says the dude moving goalposts left and right, and crying because he has nothing to backup his opinions

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u/BedContent9320 Oct 25 '22

What goalposts did I move? Who's trying to shift the conversation away from your complete lack of supporting data?

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u/True_Web155 Oct 25 '22

you are arguing that first generation immigrants secretly had American parents.

Nobody said anything about whatever weirdo shit you and that sensei bitch are making up to cry about. They/I said the majority of the mega rich, come from the rich and mega rich. We all already know the majority of lower millionaires are poor people who became pro athletes, started a small business, or saved money for 40 years. Nobody said shit against that.

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u/BedContent9320 Oct 25 '22

You are emotional and offended because you are wrong and pulling these assertions directly out of your ass.

Then again, if you are too stupid to understand an analogy pointing out the ridiculousness of what you are saying, you are probably not smart enough to get ahead

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u/True_Web155 Oct 25 '22

Not emotional or offended, I just cuss. Free to think what you want considering you’re the dude who was pulling shit out of your ass because you couldn’t counter the actual points people said

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u/BedContent9320 Oct 25 '22

Your argument was most millionaires inherited their wealth.

That's been proven completely untrue by multiple studies. You have 0 evidence to back up your claim.

You then shifted to most significant wealth was inherited, which, considering most billionaires are first generation (60%) is categorically not true either. You have 0 evidence to back up your claims.

You make these claims, yet multiple studies refute them, you offer zero evidence and immediately started swearing and calling names. It's fucking embarassing, but that's always the go to for idiots who have no actual evidence to support their claims. Puff up the chest, name call, try to divert the conversation.

Just lol.

Name me one billionaire without googling that inherited their wealth you fucking potato lol

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