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I think the closest analogy to the book industry is probably professional sports where 99.9% of high school basketball players will never make the NBA.... but then you have a couple of LeBron James/Michael Jordan's who go on to make a billion-dollars doing
it.
Morgan Housel
There Are Likely More Billionaire Authors Than Billionaire Professional Athletes
The Investment Strategy To Build Generational Wealth (ft. Morgan Housel)
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