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Comment by nell

Capital allocators are always paid top dollar. CEOs are only a small part of it. Wall street bankers are paid top dollar too? They find investment opportunities that can generate returns. Traders make a lot of money too. What value do they add to society? They help in the price discovery of assets. Are they paid fairly, who knows?

From a job complexity standpoint, CEO jobs are more challenging than bankers since they have to manage a real business to generate a positive return. Bankers have no skin in the game and yet make millions.

parent nell 3 years ago

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