Engerek01: A few months ago someone wrote on forums that a game is rigged because his "knowledge" in probability & Statistics told him so. I had given that lesson before and saw the error in his logic. To be able to correct that error, I wrote him what we teach in 7th grades. He called me idiot among other colorful words. That person might be a genius but did not have the "capacity" to understand that answer.
Dunning Kruger at its finest. Even very smart people can fall victim to it.
Engerek01: Einstein: Expelled from school.
The reason for his expulsion were due to a "bad attitude" according to your linked source. That's a bit vague, but it doesn't sound like he was disillusioned with school and was being a disruptive student. This seems rather incidental to his later genius, and more indicative of moody teenage years.
Engerek01: Descartes: ...The church was openly attacking his work.
Not surprised to hear that the church got after him, but they kinda were a sword of Damocles hanging over the head of
any intellectual of the era.
Engerek01: Bill Gates: In an interview, he explains how fun it was to be successful despite everyone against him, telling him how his ambitions were crap when he was 18-20. He constantly faced bankrupt but managed to go on with his success with "basic".
This is the survivorship bias I was talked about. The vast majority of people in that sort of situation fail. For every one Bill Gates there are millions of Joe Nobodies you've never heard of who started a promising company but saw it fizzle. A fair chunk of them are brilliant and driven people who, for whatever reason, never had that big break and their company just quietly died. The argument Gates is using here works equally-well regardless of whether we're talking business ventures or lottery tickets. A lottery winner can rightly say that they would have never won without playing, and people who told them it was a bad idea were wrong. Just because there's a skill element to creating a business doesn't change the comparison; it's still a fallacy to ignore all the people who fail.
In some respects, I view this more as a value judgement than a case of there being a right or wrong decision. Gates took a high-risk path, and he made it work and won big. He had every right to make that decision for himself, and now he gets to reap the rewards of his big win. However, you can still disagree with Gates' decision even in light of his success, because most people in that position fail and lose everything. It is a perfectly valid value position to say that it's not worth the risk, and to counsel against it.
Engerek01: Elon Musk: He often mentions how Tesla, SpaceX and SolarCity all faced bankrupt in 2008 because newspapers, politicians, Journalists and testers were against his ideas.
Musk is probably the worst example on this list, because his legacy is still unknown. None of those companies are profitable yet, nor do they look like they'll be profitable in this decade. It's disingenuous enough to talk with 20/20 hindsight while ignoring the risk and uncertainty at the time, but another thing when the future of these companies is still uncertain at best. Musk is the kind of guy who is brazen to the point of recklessness, and his companies are positioned to either win big or lose big. At this point, I'm not sure which it will be, but it's going to be extremely interesting either way.
Also I'm somewhat puzzled about his comments about regretting going public. I'm no expert on venture capital but I know it comes with strings attached, and with the amount of capital Tesla needed... those were going to be
a lot of strings. The fact that he couldn't find enough money on terms he found palatable doesn't at all surprise me; going public (especially with his celebrity factor) makes sense in that context.
Engerek01: All those people succeeded because they believed in themselves and in their ways despite what everyone else told them.
Those same qualities can also be found in people who fail catastrophically. They are necessary to take the
risks inherent in an entrepreneurial venture, but it says nothing about whether it's a good venture or not or if the entrepreneur is well-suited to lead it.