Comments on: How do people get rich? http://innovationzen.com/blog/2007/04/09/how-do-people-get-rich/ Innovation Management, Business Strategy, Technology and more! Fri, 21 Oct 2011 16:44:36 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Roberto Alamos http://innovationzen.com/blog/2007/04/09/how-do-people-get-rich/comment-page-1/#comment-7905 Roberto Alamos Sat, 14 Apr 2007 04:50:17 +0000 http://innovationzen.com/blog/2007/04/09/how-do-people-get-rich/#comment-7905 I believe that it will be the same even with no asymmetry of information. It all goes on how smart is the person that has an opportunity. Maybe Alice can take it and make a lot of money from it, but Bob, even having the same information, just wasn't that clever to capitalize it. I believe that it will be the same even with no asymmetry of information. It all goes on how smart is the person that has an opportunity. Maybe Alice can take it and make a lot of money from it, but Bob, even having the same information, just wasn’t that clever to capitalize it.

]]> By: Evolving Wheel http://innovationzen.com/blog/2007/04/09/how-do-people-get-rich/comment-page-1/#comment-7879 Evolving Wheel Fri, 13 Apr 2007 17:36:42 +0000 http://innovationzen.com/blog/2007/04/09/how-do-people-get-rich/#comment-7879 Asymmetry is the primary basis for evolution and existence. If the market was symmetrical then the entire process would have been spherical - total access through minimum expense (energy, labor, etc.).. and this would have taken the whole concept of challenge. What would have driven us if there are no imperfections? We progress with the whole aim of perfecting a process .. and the loopholes just create the challenge and further innovation. You would have stopped to innovate.. and forget of not getting rich.. the whole human kind would have stopped progressing! http://innovech.wordpress.com Asymmetry is the primary basis for evolution and existence. If the market was symmetrical then the entire process would have been spherical – total access through minimum expense (energy, labor, etc.).. and this would have taken the whole concept of challenge. What would have driven us if there are no imperfections? We progress with the whole aim of perfecting a process .. and the loopholes just create the challenge and further innovation. You would have stopped to innovate.. and forget of not getting rich.. the whole human kind would have stopped progressing!

http://innovech.wordpress.com

]]>