Does hanging around with rich friends beget a larger bank account? Would hanging around with less-fortunate friends mean your chances at building significant wealth are lower?
There’s just one snag with the strategy of having richer friends, especially in childhood.
I’ll illustrate it via a slightly stylized story about an ex-girlfriend.
My ex – let’s call her Catherine – is a talented violin player. Catherine enjoyed being the lead violinist in her school orchestra. But she knew she could push her talent further than her school could take her.
To cut a long story short, they were indeed better than her – and she didn’t like it one bit. No longer was Catherine the biggest fish in a small pond.