In markets money does sometimes flow from the gullible to the rich. Or I should say, the competent, caveat that with free market. A service provided by heavily

In markets money does sometimes flow from the gullible to the rich. Or I should say, the competent, caveat that with free market. A service provided by heavily abstracted markets such as financial instrument markets is that it allocates capital in the hands of those that are competent at managing it. It might sound calloused, but really, any time real wealth is being risked it is calloused, nobody can change that.