alt Hacker NewsWhat shows that they are more intelligent? They might be better at extracting value from enterprise, but is that generally “more intelligent?”
Replies
gruez • yesterday at 11:47 PM
>but is that generally “more intelligent?”
Contrary to popular belief, being intelligent in one thing does correlate with being intelligent at other things[1]. For doctors, the comparison with private equity (MBAs?) might be close, but it's not hard to imagine the targets of other PE rollups have owners that are more average in intelligence, think plumbing or roofing.
➕ show 1 reply
Well they're considerably better paid and in a business that allows economies of scale.
It's a steelman argument to be clear I'm not entirely convinced by it.