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by reb 182 days ago
As usual, size matters. Equating typical 401(k)s with the economic activity of the class GP is referring to is... absurd.

But pretending small-time participation in public markets is the same as billionaire participation in private markets is a great way to convince the lower classes our financial system isn't structured to move wealth away from them.

1 comments

Would you rather not even have the 401(k)? That’s the situation most of the world is in.
Of course not. But it's always worth considering: are those the only options?
looks over at the maniac setting everything on fire from the whitehouse

Sure, but…. really?