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I should clarify. In fact I don't think super wealthy are necessarily corrupt in this way. I do, however, believe the people they may entrust with managing th
by datashovel 12y ago
I should clarify. In fact I don't think super wealthy are necessarily corrupt in this way. I do, however, believe the people they may entrust with managing their wealth are in many cases. And it's not necessarily through any fault of their own. As a wealthy person I want the people who I entrust with managing my wealth to be very successful at what they do. So I make sure I get only the best. That said, I don't care to know "how the sausage is made".
I think the only thing that really fixes this sort of thing is transparency in markets.