Nowadays, it just means you are doing a bit better than average.
WTF? A bit better? When the average person household makes 55k a year and has negative net worth and saved 19k for retirement being worth more the 1 million+ is not a bit better then average. It puts you in the upper 1% of the poopulation.
Very bad reading comprehension by submitter. So bad it made me log in to down rank this article.
You are missing the 3rd and most important aspect of a functioning free market, symmetrical information.
Even rational and educated people can't make the right decisions with out all the relevant information.
Truth is free, but information costs.