Re:There’s Nothing to Do Except Gamble
by scarmig on Thursday April 15, 2021 @04:07PM
(#26825506)
> our investment in an index fund doesn't increase the number of productive assets in the world
Not directly, but it creates an incentive landscape that encourages the formation of more capital, basically making the potential payoff of starting a company larger and more likely.
Not directly, but it creates an incentive landscape that encourages the formation of more capital, basically making the potential payoff of starting a company larger and more likely.