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June 29, 2007

Genetic lottery in this country?

In short, people who start with money have a better chance of being even wealthier.

Whether this is true or not, it reminded of a game I played as a manager in IBM many years ago.

A group of managers were randomly given a set of colored chips. The chips had different values. The rules of the game were to trade them. While I’ve forgotten the rules of the game. It became clear that the outcome dependent not upon your skill at using the rules of the game to win, but what you were given at the games beginning.

I was very competitive at that time and I wanted to win every game I played – sports, cards or business. I still remember how badly I felt, and how frustrated I was. It was not pleasant. And, it was only a simple game…

Posted by Paul Schumann at June 29, 2007 9:45 AM


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