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If it's so easy, why aren't you doing it? Presumably it requires some amount of investment to break into, but with such a high upside it's still massively +EV.
by pie_flavor 2y ago
If it's so easy, why aren't you doing it? Presumably it requires some amount of investment to break into, but with such a high upside it's still massively +EV.
- Planktonne 2y agoSome people want to do work they find meaningful.
- paxys 2y agoThen why complain about how much someone else is getting paid?
- Planktonne 2y agoThe parent comment isn't complaining about the amount CEOs are paid, but the amount they are paid relative to the value provided.
- pydry 2y agoI dont know why on earth youd assume that the executive/board/CEO club is meritocratic or that it would be open to talented outsiders.
- maximus-decimus 2y agoThe job being easy to do and the job being easy to get are two completely different things.
- pie_flavor 2y agoSo how are new ones minted?
- consteval 2y agoBy luck and status. Right place right time. They have some experience, and they just so happen to know X, Y, Z (probably because their dad knew X-1, Y-1, Z-1 and so on) so they get in. Maybe they went to harvard or something.
- pie_flavor 2y agoWhat opportunity manifests at the right place and right time? What's an example of this? And if it's based on knowledge and experience and an acquirable credential, then we're right back to square 1.
- consteval 2y agoIts complex, because even if something is unattainable by knowledge and experience that DOES NOT mean its equal opportunity. Simply being born into a richer family means you're significantly more likely to earn a higher education. Simply being born into a white family means you're more likely to finish high school. And this is leaving out connections. If you know the people hiring, you have a better chance of getting hired. High-status people know other high-status people. If your family is high-status you're at a HUGE advantage. That doesn't mean the opportunity "manifested" for you. But, it does mean your likelihood of obtaining said opportunity went higher. I mean, when you look at the proportion of CEO's who are white, tall men as opposed to the regular population you notice that. It's an open secret. Some say its coincidence. I don't think anyone really believes that.
- pie_flavor 2y agoIn other words, you don't know any specifics. Which is my point.