3 ms·
Wealth is not zero sum in the long term. But it is in the short term. When a fund makes a billion profit in one day, do you think that was just the natural crea
by tuesdayrain 7y ago
Wealth is not zero sum in the long term. But it is in the short term. When a fund makes a billion profit in one day, do you think that was just the natural creation of wealth? No, other market participants collectively lost that much.