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Re:Can We Survive the Next Financial Crisis? by kgwgk on Monday September 10, 2018 @03:39PM (#17954504)
How does the math work out if the wealthy have much more capital than "the rest of us"? Why have you chosen to keep your capital in assets with below-average return if you know which are the better assets?
Re:Can We Survive the Next Financial Crisis? by zimablue on Monday September 10, 2018 @04:05PM (#17954748)
Better individual assets or better management of your assets are both gated. Privately held companies, hedge funds, financial managers. The guy who argues the parent point is Piketty in the book Capital.
Re:Can We Survive the Next Financial Crisis? by longerthoughts on Monday September 10, 2018 @05:04PM (#17955183)
On top of the access issue is the financial knowledge gap between people of different socioeconomic backgrounds. Not only are people limited in what they can invest in, but they might not even be investing at all.