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Some people are simply better or worse at allocating capital than others. Similarly, some people are just better at math than others.
by basementcat 7y ago
Some people are simply better or worse at allocating capital than others. Similarly, some people are just better at math than others.
- lucgommans 7y agoHave you watched the video? I don't have the data to prove you right or wrong, but it does seem contrary to what the presenter states without giving a convincing argument why they are wrong.
- mcv 7y agoWell, people who have capital at all are certainly better at it than people who have none.
- IndySun 7y agoSurely, for these two hypothetical people, this sentence rests on where the original capital came from? The world is not an even playing field. you can be born into wealth as well as be born into poverty. And inherit either too.
- thatcat 7y agoIf you have no capital to allocate, then I'm not sure what difference that makes.