Dalio Exits: Hedge Fund Billionaire Extracts Billions More to Retire

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.

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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.

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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.

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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.

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Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor... by smabie on Thursday February 23, 2023 @11:41PM (#34920860)

I think it's probably pretty pretty similar actually.

I would say tech probably has worse median outcomes but better right tail outcomes than finance.

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