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Surely that assumes people with money are good at spotting 'worth'...
by axod 17y ago
Surely that assumes people with money are good at spotting 'worth'...
- paul 17y agoThat problem exists regardless. Who can truly judge "merit"? However, investing has a built-in selective pressure. The people who are good at spotting things that will make money get more money -- the ones that aren't good at it lose money.
- drusenko 17y agoWell, making lots of money is an easy indicator... Otherwise, you make the best bets you can.