Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by Kranar on Thursday February 23, 2023 @09:08PM
(#34919804)
You're literally on a site founded by a billionaire who coded.
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Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by sp332 on Thursday February 23, 2023 @09:30PM
(#34919997)
Viaweb was sold for about $50 million worth of Yahoo stock. So more than 95% of the first billion was from something other than coding.
Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by sidlls on Thursday February 23, 2023 @09:19PM
(#34919900)
The rate at which finance mints extremely wealthy workers dwarfs the rate at which software does.
Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by Kranar on Thursday February 23, 2023 @09:31PM
(#34920011)
Doesn't look like it dwarfs it. According to Forbes, 15% of billionaires are in finance, 12% are in fashion, 9% are in tech.
Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by sidlls on Friday February 24, 2023 @12:42AM
(#34921273)
The comparison would be more accurate with the relative sizes of each industry. Pretty sure there are more software engineers than people working in similarly skilled finance jobs.
Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor...
by lotsofpulp on Thursday February 23, 2023 @09:27PM
(#34919979)
I would bet on the opposite, at least since 2008.