As many of you know I am someone who believes in Pareto's Principle. This law of life pertains to every aspect of what we do. No matter what you are told 80 percent will always fail and 20 percent will succeed in any endeavor.
The problem with belief in absolute "truths" is that they will cloud your judgment when you are confronted with something that doesn't conform with your belief system e.g. black swan events.
For the most part I agree with you but I would not include Family Wealth in the same category as the other ones (I mean if I inherit something did I do anything to earn it?) I would probably create a different category for it.