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A comment on Who cares about the Ivy League?. Parent comment
Stock markets are recent inventions; some hand wavy way of saying “this is exactly the right way to store value!”
Why must that ideal be externalized onto others? Why do I have to believe some hedge fund is indeed worth N dollars?
Mendacity of the elderly is not a good enough justification for belief.
Correctly engineering a road, medicine, or making art does not at all rely on such belief.
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Stock markets are recent inventions; some hand wavy way of saying “this is exactly the right way to store value!”
Why must that ideal be externalized onto others? Why do I have to believe some hedge fund is indeed worth N dollars?
Mendacity of the elderly is not a good enough justification for belief.
Correctly engineering a road, medicine, or making art does not at all rely on such belief.