3 ms·
Investors have to fight hard and endure a long time for every % of return. Society on the other hand will never be satisfied with their piece, they will always
by matte_black 8y ago
Investors have to fight hard and endure a long time for every % of return. Society on the other hand will never be satisfied with their piece, they will always need more, and sooner not later.
- nrb 8y ago"Workers have to fight hard and endure a long time for every $ of income. Investors on the other hand will never be satisfied with their piece, they will always need more, and sooner not later."
- jadedhacker 8y agoSociety has to fight hard and endure a long time for every % of return. Investors on the other hand will never be satisfied with their piece, they will always need more, and sooner not later. Or as Adam Smith put it: "All for ourselves and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind." https://www.quora.com/What-did-Adam-Smith-mean-when-he-said-%E2%80%9CAll-for-ourselves-and-nothing-for-other-people-seems-have-been-the-vile-maxim-of-the-masters-of-mankind-%E2%80%9D https://www.quora.com/What-did-Adam-Smith-mean-when-he-said-...
- dv_dt 8y agoIMHO, this is 180 degrees backwards. It feels like most of the financial industry now is focused on short term profit optimization over long term value growth. Long term investors are notable exceptions.