I've been talking about the limited bandwidth of investors as a major problem with capital allocation for some time so it's good to see this idea acknowledged i

I've been talking about the limited bandwidth of investors as a major problem with capital allocation for some time so it's good to see this idea acknowledged in this context. This problem will only get bigger and more obvious with increasing inequality. It is massive scale capital misallocation whereby the misallocation yields more nominal ROI than optimal allocation (if you were to consider real economic value and not numbers in dollars). Facilitated by the design of the monetary system as the value of dollars is kept decoupled from real economic value due to filter bubbles and dollar centralization.