3 ms·
Keep in mind the following: 1. Economic theories can be empirically descriptive without being constructively prescriptive (much like other theoretical discipli
by dsacco 9y ago
Keep in mind the following:
1. Economic theories can be empirically descriptive without being constructively prescriptive (much like other theoretical disciplines, such as math or physics),
2. You're reading about his work from what is effectively a watered down blurb on a Bloomberg webpage,
3. He actually is the founder and chief investment officer of a fund with over $5B AUM, so yes, he likely is "rich".