What is the Most Common Subject Studied by American Billionaires?
<p>My guess would have been computing, as studied by Bill Gates and Mark Zuckerberg, but it isn’t. Both these bright sparks dropped out to launch their startups.</p>
<p>It’s not physics, accounting, or engineering either.</p>
<p>The answer is <a href="https://www.forbes.com/sites/denizcam/2017/10/20/what-should-you-major-in-if-you-want-to-be-a-billionaire/#1305b55d7cf4" rel="noopener ugc nofollow" target="_blank">economics</a>.</p>
<p>Elon Musk graduated with a Bachelor of Science in Physics,<strong> </strong>but he also has a Bachelor of Arts in Economics. <a href="https://en.wikipedia.org/wiki/Steve_Cohen_%28businessman%29" rel="noopener ugc nofollow" target="_blank">Steve Cohen</a>, <a href="https://en.wikipedia.org/wiki/Meg_Whitman" rel="noopener ugc nofollow" target="_blank">Meg Whitman</a>, and <a href="https://en.wikipedia.org/wiki/Robert_Kraft" rel="noopener ugc nofollow" target="_blank">Bob Kraft</a> all studied economics in college.</p>
<p>Warren Buffett studied business administration, but he attended the <a href="https://en.wikipedia.org/wiki/New_York_Institute_of_Finance" rel="noopener ugc nofollow" target="_blank">New York Institute of Finance</a> to focus on economics. This gave him lasting financial insight.</p>
<p>The question is why?</p>
<p>What is it about <strong>economics</strong> that gives people the edge to go on and earn millions, or even billions, of dollars?</p>
<h2>A Trip to the Coffee Shop</h2>
<blockquote>
<p>“Be warned,” he said. “If you take this course, you will never walk into a coffee shop and feel the same again.”</p>
</blockquote>
<p>This self-assured lecturer had my son entranced. He had to decide which course of study to undertake. And the tweed coat with the salt and pepper beard was convincing.</p>
<p>Take a trip to any coffee shop and buy yourself a cappuccino and a slice of cake. Chat with a friend or read the paper. Your experience is what you see, touch, taste, and smell.</p>
<p>My son enjoys that too. But as a business graduate, he also looks at the staff processes and either finds fault or admires their efficiency. <em>Most coffee shops are inefficient models, he tells me.</em></p>
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