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It is an unfortunate aspect of capitalism. Making investments is much easier than making actual things, so more people do it. Lucky there is a counter ballance

It is an unfortunate aspect of capitalism. Making investments is much easier than making actual things, so more people do it. Lucky there is a counter ballance in the system . If 100% of the population started investing only, the one person to start building would get all the investment. You can see it now with TSLA and NKLA. All these "professional investors" realized that sustainable transportation is a real thing and it is our future. At the end of the day Elon could be far richer than any investors.

hnracer 6y ago
> Making investments is much easier than making actual things, so more people do it A talented person will make as much money or perhaps more money in software engineering than financial services. Most people in financial services make very little money, 60k-150k being a common range.
- collyw 6y ago
  I see you have been down voted. It would be nice if you (or the down voters) could provide some evidence either way.
raziel2701 6y ago
Are you not aware that NKLA is a fraud company? I don't think that's a good example of what we want people to do.
- bob33212 6y ago
  Yes, you're right. The point is that there are too many "professional investors" out there and they are chasing fake companies like NKLA as well as real companies like TSLA. But at the end of the day the person with the money is the person that actually makes real things. Not NKLA and not the investors.
Traster 6y ago
It’s not only that making investments is easier. Look at my position in the market, I can work in a hedge fund building out their trading platform and earn a minimum of 2-3x what I would earn doing a similar job at an engineering company. Now you would expect that to be the reverse - there is a flood of investors and relatively few people actually making things, so an engineer could be making a premium by making things. That is absolutely not the case though.

hnracer 6y ago

> Making investments is much easier than making actual things, so more people do it A talented person will make as much money or perhaps more money in software engineering than financial services. Most people in financial services make very little money, 60k-150k being a common range.

collyw 6y ago
I see you have been down voted. It would be nice if you (or the down voters) could provide some evidence either way.

raziel2701 6y ago

Are you not aware that NKLA is a fraud company? I don't think that's a good example of what we want people to do.

bob33212 6y ago
Yes, you're right. The point is that there are too many "professional investors" out there and they are chasing fake companies like NKLA as well as real companies like TSLA. But at the end of the day the person with the money is the person that actually makes real things. Not NKLA and not the investors.

Traster 6y ago

It’s not only that making investments is easier. Look at my position in the market, I can work in a hedge fund building out their trading platform and earn a minimum of 2-3x what I would earn doing a similar job at an engineering company. Now you would expect that to be the reverse - there is a flood of investors and relatively few people actually making things, so an engineer could be making a premium by making things. That is absolutely not the case though.