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You want a certain portion of capital going to waste... if it doesn't you're not taking big enough risks. A well functioning system will have failures.
by stanfordkid 5y ago
You want a certain portion of capital going to waste... if it doesn't you're not taking big enough risks. A well functioning system will have failures.
- fnord77 5y agobut still some things will never amount to anything. Capital expended on, say perpetual motion machines is not a risk, it is pure waste
- klyrs 5y agoThis nearly $13B could fund hundreds of thousands of failed restaurants. The cool thing about a failed restaurant is that while it's operating, people have jobs and other people get fed. Failed restaurants have positive externalities. Other failed business ventures at least give people jobs. But this? It's just gambling.