4 ms·
If you're in it for the money, then you shouldn't be in the game to begin with. My portfolio was down 10% last year. But I'm not panicking. I invest for fun.
by baguasquirrel 18y ago
If you're in it for the money, then you shouldn't be in the game to begin with.
My portfolio was down 10% last year. But I'm not panicking. I invest for fun. Other people I know who invest because they wanted to build their wealth lost assloads more than I did. They never really did like investing, and they don't want to hear me when I talk about economic projections.
Sure, compensation is a good thing. And we should lift the restriction when this bailout crap is over. But I really think that the geek community-- with all its libertarians --places waaay too much emphasis on short term monetary compensation.
Here's a better idea. In tech, we get stocks right? That vest over time? Lets give these exec stocks, that don't vest until 10 years AFTER they're out.