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Joined 1 year ago
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Cake day: January 12th, 2025

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  • I think they are referring to the fact that, ignoring the personalities who hold this kind of wealth, it’s just not a viable investment strategy for a project/organization as large as society to have all that wealth tied up with only a few assets (the billionaires).

    Economics tells us that diversifying the investments (equality, if you will) is a safer bet for society in the long run.

    I probably misread GP but hey, at least I tried!