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by cycrutchfield 904 days ago
I don’t have time for a detailed response but I just wanted to make one point.

> Their (outside investors) return is axiomatically the net loss to the community.

This is false, it is not a zero-sum game. Just because an investor makes a return doesn’t mean that somebody else loses. The same as investing in the stock market isn’t a zero-sum game. You shouldn’t have such a myopic view of how the world works.

1 comments

Well, I told you I knew it was a myopic view. I understand that investor can come back, and I know they might try their luck again.

I appreciate your frank response, and I'd be willing to read if you find the time to tell me what else I should understand! (If we got our tax policy in order... no, that's not where you were going is it!)