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A comment on 82% of Wealth Created in 2017 Went to the top 1%, says Oxfam. Parent comment

Re:82% of Wealth Created in 2017 Went to the top 1%, says Oxfam by justonepost on Monday January 22, 2018 @02:50AM (#16202629)
Absolutely... 82% of the rest of the population really has no idea on how to properly do capital allocation. The Warren Buffets of the world are pretty rare.

But seriously, who cares if some guy is controlling how 10 billion dollars get invested? He certainly knows better on how to do it than I do.

What upsets me is when that guy siphons money off of that 10 billion and buys some stupidly large house which is utterly useless to society at large.

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Re:82% of Wealth Created in 2017 Went to the top 1%, says Oxfam by zimpenfish on Monday January 22, 2018 @03:52AM (#16202922)
> But seriously, who cares if some guy is controlling how 10 billion dollars get invested? He certainly knows better on how to do it than I do.

I wouldn't be entirely sure about that given how poorly most funds seem to do against the bare stock market.

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Re:82% of Wealth Created in 2017 Went to the top 1%, says Oxfam by thinkloop on Monday January 22, 2018 @02:55AM (#16202651)
What size house do you recommend?
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