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First, RoR doesn't have anything to do with engagement or even difficulty of the game. Second, Picketty's argument is not even close to "RoR increases with mone
by pathseeker 7y ago
First, RoR doesn't have anything to do with engagement or even difficulty of the game. Second, Picketty's argument is not even close to "RoR increases with money", it's that return on capital outpaces economic growth, that's it.
If that were to be manifested in a game, there would be no "management phase" at all. You would just buy stocks and collect returns from them faster than other players could get money from actual business ventures.
- Y_Y 7y agoAlready-Rich Tycoon
- onlyrealcuzzo 7y agoMaybe I meant ROI. He analyzed the average returns people get on their capital by how much capital they have. I don't know the exact numbers, but I believe it was something like: Normal people: 4.5% Wealthy people: 7.5% High net-worth individuals: 9%
- kakwa_ 7y agoYes, iirc, towards the end of Capital in the 21th century, he takes universities investment funds as an example (as they can quite large and data is public). And there is a strong correlation between the size of the fund and it's return.