1. My record was over 10 mil one night (and i bet there are better ones) so cut the poppycock.
If you manage to get a rare thing before everyone else then you can make a lot in a very short time.
2 and 3 on the other hand are very true.
Did you do that when you only had 100K? probably not. When starting from scratch you have to be patient.
Further, if you do get that rare thing before everyone else, you hit the lottery. If you depend on that to make your fortune you will be sorely disappointed.