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> Trump inherited lots of money, some people argue that he barely made more than he would investing his inheritance in an index fund. True, but like all busine
by tanderson92 10y ago
> Trump inherited lots of money, some people argue that he barely made more than he would investing his inheritance in an index fund.
True, but like all businesses in the economy his company has the distinction of actually participating in economic ventures to create wealth. Owning shares in the S&P500 isn't creating anything.
To me that's a clear difference that isn't considered enough. And let's not forget that most mutual funds themselves don't beat the S&P500, so a lot of investors don't even capture those returns.