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Lessons in Wealth Creation: South Asian Tycoons

Val Mcqueen writes about the phenomenal success of ethnic South Asians expelled by Uganda in the 1970's:

"...How does one account for a group of people who came from the Third World to the First World (the UK) with nothing but a suitcase, within three generations, overtook around 99.5 percent of the natives in terms of wealth?
Like the Chinese, ethnic south Asians have a reputation for possessing shrewd commercial instincts and a willingness to sacrifice short term advantage (i.e. going to work for someone else in return for a regular salary) in the service of a long-term goal. The entire family stays focused....They didn't waste time on regrets. They hunkered down and got to work...They were thrifty. They worked long hours. They saved their money..."

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