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kristov | 4 months ago

If your a billionaire and you invest in index funds, the risk of becoming homeless is really low, sure. The system works in such a way that the more money you have the easier it is to make more money. So if your stuck at the bottom, your really stuck.

And I believe there is a huge shift of wealth going on, to a very small number of insanely rich people. And that is a very big problem.

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malfist|4 months ago

I don't think the billionare is at risk of becoming homeless even if they invest all $10m in a single company and it goes belly up.