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I’m not convinced that markets don’t work when high pay is involved. If this was true, there is a fortune to be made by creating a mutual fund that invests in c
by jquery 7y ago
I’m not convinced that markets don’t work when high pay is involved. If this was true, there is a fortune to be made by creating a mutual fund that invests in companies that avoid superstar pay tiers. Does anyone know of such a fund? How is its performance?
I think we evolved the emotion of envy in a time when being rich meant hoarding. Markets break that evolutionary intuition.