3 ms·
>a very small elite that are fearful of taking _real_ risk. Shouldn't it be the opposite? If I was worth a gajillion dollars, I could spread it over many many
by 6gvONxR4sf7o 7y ago
>a very small elite that are fearful of taking _real_ risk.
Shouldn't it be the opposite? If I was worth a gajillion dollars, I could spread it over many many bets. That diversification would let me take higher risk bets compare to if that gajillion was spread over a larger number of people.
- octokatt 7y agoOnce you have enough wealth, you can find better, less risky bets which, while they might not move the cultural needle, will be able to make a guaranteed profit. A bit like the House of Mouse making sequels and remakes, rather than taking a risk on a newcomer or interesting (and therefore risky) concept film.