[throwaway8291]

I understand that it's a very broad spectrum.

However, what I am observing is that 'capital' gets its hand in any aspect of life, the formerly family owned coffee machine maker, lingerie producer and the outdoor specialist went through couple of private equity hands - for what? For injecting capital to trim down ops, expand, then get out of a position?

After watching hundreds of hours of investing conference videos and interviews there is one thing, that really got me: why is this field so sad? I believe it's because all they ever talk about what they "own". The cannot make, invent, heal, fight, cook, write, harvest or any other human activity - all they do is "own" something that is valuable to others.

Imagine kids playing in the playground and all the talk about is what each of them owns. They cannot read, write, play an instrument, tell jokes, do tricks, etc. - no, but they control those who can and are productive.

I am not sure why, but I'd rather have a kid with talents than one with lots of "assets" (even though in this world talent does not matter, if you've got the assets).

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Warren Buffet was once asked by the audience, what you should do, if you have artistic talents and want to live them out, but you do not want to starve? He did not really care, understandably.