[emodendroket]

> Finding a sensible investment opportunity that provides a risk-adjusted return higher than the interest rate on borrowed money is very rare, because why would the investment company use you as a useless middle man instead of borrowing the money directly from the lender?

I guess this must be news to all the businesses that reguarly operate on credit.

[AnthonyMouse]

> I guess this must be news to all the businesses that reguarly operate on credit.

We are talking about individuals.

[emodendroket]

The only thing like an "investment" most people are going to buy on credit as individuals is a house, and besides being an investment it's also a place to live in. Arguably that's more salient than the speculation opportunities.