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A comment on Why are we still working this hard?. Parent comment
It's the ability to not work a day in one's life because of inherited investment.
For example, I don't consider Jim Simons to be in the investor class.
Nothing prevents any of us from similarly figuring out how to make a money via investment.
But Simon's descendants are in the investor class.
They are not the ones who invested to make those productivity gains possible.
In fact those descendants may not even understand what "productivity gains" mean.
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It's the ability to not work a day in one's life because of inherited investment.
For example, I don't consider Jim Simons to be in the investor class.
Nothing prevents any of us from similarly figuring out how to make a money via investment.
But Simon's descendants are in the investor class.
They are not the ones who invested to make those productivity gains possible.
In fact those descendants may not even understand what "productivity gains" mean.