3 ms·
It's not zero sum thinking. Clearly investing is likely better than not investing. My point wasn't that people shouldn't invest, it's that previous poster sugg
by Glyptodon 6y ago
It's not zero sum thinking. Clearly investing is likely better than not investing.
My point wasn't that people shouldn't invest, it's that previous poster suggested everyone investing would "chisel away" at the "86% number," and my general presumption is that so long as the return on wealth is nonlinear to the quantity of wealth, as enabled by the ability to access more expensive/specialized/higher-return investments, it's a lost cause as a simple comparison of function order and rate.
If those who are already richer are likely to have a higher rate of return from greater levels of access or unique opportunities and that rate of return compounds non-linearly, no matter how many regular people invest it's still basically comparing functions with nonlinear differences in rate of increase.