Student or Learner
Does "appealing for investment to business experts" mean "appealing for the opportunity to become a business expert"?
A new paper by Tsay in Personality and Social Psychology Bulletinbuilds on this work by extending it beyond music and also measuring the bias's consequences. Subjects with business experience and novices alike said they preferred business ideas and entrepreneurs when the entrepreneur was described as a natural versus a striver, despite saying earlier that effort was more important than natural talent. This bias was as strong, if not stronger, in business experts; one experiment found that a supposed striver needed 4.5 more years of leadership experience, 28 more IQ points, or $39,000 more in capital, compared with a natural, to be on equal footing when appealing for investment to business experts.
No, it means appealing to business experts for investment. In other words, asking business experts for money.
"Invading armies have no rights." Noam Chomsky