3 ms·
401k's are a lot like a bunch of ranchers granting their herds 0.01% of their Cattle futures portfolios. Less hyperbolic - the existence of large pools of capi
by sangnoir 2y ago
401k's are a lot like a bunch of ranchers granting their herds 0.01% of their Cattle futures portfolios.
Less hyperbolic - the existence of large pools of capital without a voice on the boards is partly responsible for the management-led short-termism mess we're in.