[reb]

As usual, size matters. Equating typical 401(k)s with the economic activity of the class GP is referring to is... absurd.

But pretending small-time participation in public markets is the same as billionaire participation in private markets is a great way to convince the lower classes our financial system isn't structured to move wealth away from them.

[lazide]

Would you rather not even have the 401(k)? That’s the situation most of the world is in.

[reb]

Of course not. But it's always worth considering: are those the only options?