4 ms·
Who cares what some rich guy's vanity spend is. You might argue it's not impactful, but it certainly doesn't hurt anyone.
by j0hnyl 4y ago
Who cares what some rich guy's vanity spend is. You might argue it's not impactful, but it certainly doesn't hurt anyone.
- bboygravity 4y agoAlso a criminal who will likely end up in jail at some point. His companies aren't exactly uncontroversial. There's a reason people call this guy (Ken Griffin) Madoff 2.0
- lordnacho 4y agoWhy on earth would he end up in jail? No don't just tell us to Google it, obviously it won't turn up anything. What allegations are you referring to?
- boeingUH60 4y agoThe person you're responding to is likely a member of the meme stock doomsday cult that keeps blaming Ken Griffin for their AMC/GameStop losses.
- nmca 4y agoOpportunity costs are real. Opportunity costs are real. Opportunity costs ARE REAL. OPPORTUNITY COSTS ARE REAL. ¡¡¡ OPPORTUNITY COSTS ARE REAL !!!
- j0hnyl 4y agoOk, but the opportunity costs pertain solely to the spender, and even if not they are priced into the market. why do you feel entitled to the fortune that someone else decides to use for a vanity project.
- 27153 4y agoHow do the costs not apply to the tens of thousands of lives that could have been saved?
- j0hnyl 4y agoBecause the thousands of lives were never entitled to how someone decides to spend their money in the first place, and if you believe otherwise then this literally applies to everyone and their income. Example: How can we justify going out for an ice cream, when that same money could be spent to vaccinate several people from malaria and save their lives? Why is it ok for middle class earners to spend money on frivolous things, but not for the wealthy? All that surplus money can save tens of thousands of lives!