Quote:
Originally Posted by Gravydoo II
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Cause the people who crashed the economy every other time were so smart and protected america and themselves from ruin, right? People with more money are allowed to be less protected, invest more, and get a bigger return. Always keeping them ahead of those making less. In the end, who always wins?
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This is kind of nonsensical. If you're not an AI, you usually wouldn't even have enough money to make those investments. A company issuing private stock isn't taking your $10k. They're not interested. It's actually more burdensome for them from an operational and administrative perspective to take that money. So for the most part the opportunities wouldn't be there regardless.
Oh and also, you talk about all these rich people getting these bigger returns, but what you don't realize is they have made a ton of investments where they have lost some or all of their investment. Private investments are inherently risky and many don't make any money at all. Someone who has a ton of money has the bankroll to ride that risk wave though and take the hits until they find the investments that are generating 20%+ IRR. If you don't have a bunch of money already, you'll likely go bankrupt before you hit on a big return. It's like playing Blackjack, for example; the bigger your bankroll the longer you can survive losses and hit on those couple big hands.
12-15-2020, 11:07 AM
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