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No it doesn't. He said that the expression, 'the rich are getting richer,' is a generalization (which it is) but that it is 'true enough.' Money is a tool with
by astine 17y ago
No it doesn't. He said that the expression, 'the rich are getting richer,' is a generalization (which it is) but that it is 'true enough.' Money is a tool with which you can aquire more wealth, but all the tools in the world are worthless if you don't have the knowhow to use them.
- dstorrs 17y agoThe bar is pretty low for "enough knowhow" in this case, however. Basically: 1) I have $10M. 2) I don't know a dang thing about investing. 3) I better find someone who does (e.g., Vanguard), and let them manage my money for me while I keep an eye on them to make sure they behave responsibly. ----------- OT joke that amused me: Stock call? Is that when you stand on the porch and yell for the cows?