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by MrMan 5356 days ago
Do you think it might be possible that moving that money between market participants is actually a good thing? Let's say someone decides to put 10% of their fortune into a hedge fund and the fund goes to zero. Is that worse than just giving 10% of your money to the church? The children of the limo drivers, pilots, fund administrators, sales desk people, all deserve to eat (in my opinion).

This is not a frivolous reply.