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The ethics of this go deeper than what you describe. If Warren Buffett invests 1m in a company, is he in a riskier position than if a McDonald's clerk were to i
by ken47 11y ago
The ethics of this go deeper than what you describe. If Warren Buffett invests 1m in a company, is he in a riskier position than if a McDonald's clerk were to invest 10k in the same company? The absolute dollar value is not the only way to gauge risk exposure.
- kartickv 11y agoNot only is the McD clerk less able to afford loss, she doesn't get the opportunity to diversify risks, as Warren Buffett does by investing in many companies.