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Wage theft (AKA: surplus value) is what makes them rich.(lemmy.ml)

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☆ Yσɠƚԋσʂ ☆@lemmy.ml
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JohnDClay@sh.itjust.works
1 point

In fact, empirical evidence shows that they’re objectively terrible at it

That sounds like it’s taking about hedge funds and profile managers, not investors/bankers in general.

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☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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it gives some examples of hedge fund and profile managers, but the point it makes is very much a general one.

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JohnDClay@sh.itjust.works
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The study is only of those though. So it’s not evidence for overall.

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☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
-2 points

The study shows that people doing private investing aren’t very good at it. If you have a study showing the opposite then feel free to share it.

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