3 ms·

> Isn’t that what all business interactions end up being in the end? Only if you ignore capital. Many business interactions revolve around having access to or

by zokier 6y ago

> Isn’t that what all business interactions end up being in the end? Only if you ignore capital. Many business interactions revolve around having access to or utilizing capital in some way. Renting and financing maybe the most obvious examples, but plenty of others too. The key question is that can/should software be considered such capital asset? It being intellectual (or "imaginary" as some pundits put it), and not tangible, property.

ghaff 6y ago
Certainly one obvious example is that, given sufficient capital, I can give it to a wealth management person at a brokerage, give them some guidelines, and pretty much sit back. You can also become a silent partner in some business where you collect a skim of the profits while someone(s) else do the work to make sure the business continues to produce profits. I was answering the vein of someone who wants to put in a largely one-shot investment of time and continue to collect money over a subsequent period.
- cortesoft 6y ago
  Capital is insanely cheap right now, and trying to get a good return on your investment is not easy. Yes, you could be a silent partner in a business.... but you likely won't get great returns, and you risk losing it all of the company goes under.
  - ghaff 6y ago
    The key is "sufficient capital" obviously. And, of course, it's all about diversification and rate of return. As you correctly note, being a silent partner in a business is riskier than a lot of the alternatives and, if it isn't a commensurately higher expected return, probably not a good idea. However, given sufficient capital (what's sufficient depends on what sort of income stream you're looking for), largely passive investments in various forms can produce that. After all, that's what many people are looking for when they retire.

3 ms·

> Isn’t that what all business interactions end up being in the end? Only if you ignore capital. Many business interactions revolve around having access to or

by zokier 6y ago

ghaff 6y ago
Certainly one obvious example is that, given sufficient capital, I can give it to a wealth management person at a brokerage, give them some guidelines, and pretty much sit back. You can also become a silent partner in some business where you collect a skim of the profits while someone(s) else do the work to make sure the business continues to produce profits. I was answering the vein of someone who wants to put in a largely one-shot investment of time and continue to collect money over a subsequent period.
- cortesoft 6y ago
  Capital is insanely cheap right now, and trying to get a good return on your investment is not easy. Yes, you could be a silent partner in a business.... but you likely won't get great returns, and you risk losing it all of the company goes under.
  - ghaff 6y ago
    The key is "sufficient capital" obviously. And, of course, it's all about diversification and rate of return. As you correctly note, being a silent partner in a business is riskier than a lot of the alternatives and, if it isn't a commensurately higher expected return, probably not a good idea. However, given sufficient capital (what's sufficient depends on what sort of income stream you're looking for), largely passive investments in various forms can produce that. After all, that's what many people are looking for when they retire.