4 ms·
Your retirement fund was part of that "Elite."
by acveilleux 11y ago
Your retirement fund was part of that "Elite."
- mfringel 11y agoNo. My retirement funds have, as some of their holdings, a comparatively small handful of shares in companies, as part of a fund managed by an institutional investor, whose goal is to deliver shareholder value to people who hold shares of the managing organization, which may be completely separate. Saying "Your interests should be aligned with exceedingly wealthy individuals because you hold shares in some companies which they control." is wrong at best, and disingenuous at worst.