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Absolutely... 82% of the rest of the population really has no idea on how to properly do capital allocation. The Warren Buffets of the world are pretty rare.
by justonepost 9y ago
Absolutely... 82% of the rest of the population really has no idea on how to properly do capital allocation. The Warren Buffets of the world are pretty rare.
But seriously, who cares if some guy is controlling how 10 billion dollars get invested? He certainly knows better on how to do it than I do.
What upsets me is when that guy siphons money off of that 10 billion and buys some stupidly large house which is utterly useless to society at large.
- thinkloop 9y agoWhat size house do you recommend?
- zimpenfish 9y ago> But seriously, who cares if some guy is controlling how 10 billion dollars get invested? He certainly knows better on how to do it than I do. I wouldn't be entirely sure about that given how poorly most funds seem to do against the bare stock market.