|
|
|
|
|
|
by Analemma_
31 days ago
|
|
|
That's not what I argued and you are misrepresenting my point. My argument is that, at least sometimes, Goldman invests in positive-sum trades which make the world better off, even if they extract too much for themselves in fees and leverage. By contrast, the various investments A16Z makes are negative-sum and only manage to make the world worse. |
|
|