It's hard to take this article seriously. People get rich now from companies because multiples have been artificially pushed higher by low interest rates.
If that weren't the case, the top 100 would still likely be dominated by heirs.
All that's changed is the Fed is manipulating the market more now than before, and that's benefiting growth stocks and fund managers of growth stocks... among other things.
If that weren't the case, the top 100 would still likely be dominated by heirs.
All that's changed is the Fed is manipulating the market more now than before, and that's benefiting growth stocks and fund managers of growth stocks... among other things.