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@volkadav ("Mike Jackson (see also: @volkadav@hachyderm.io)") retweeted:

@troutgirl ("Joyce Park") wrote:

The only meritocracy I trust even a little is poor kids who make it doing something they never even heard of when they were young.

with quote tweet:

@emollick ("Ethan Mollick") wrote:

Inheritance vs. meritocracy, or why you shouldn't let rich kids invest your 💰

Mutual fund managers from poor families outperform those from wealth. This is because it is easier to be hired and promoted as a mutual fund manager if you come from wealth, even if you are bad at it.