3 ms·
Your analysis seems to fit the old saying that the rich can only be eccentric. More accurately, I would say few other than the rich can be worthy of the wasted
by yakak 4y ago
Your analysis seems to fit the old saying that the rich can only be eccentric. More accurately, I would say few other than the rich can be worthy of the wasted time on analysis (beyond the simple categories).
Since I believe that even the "eccentric" are unconscious rational actors, to a point, I would still like to know why people don't believe his goal is to diversify away from his holdings without ruining their value. If he sold a lot of stock his companies would be doomed, unless he can justify it with a complex expenditure with unexpected problems. Then he can ditch the unwanted investment and fail to put the money back in his one basket.