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Comment by cbsmith

"Capital allocators are always paid top dollar."

That seems to be unrelated to the subject matter. I could just as easily say, "senior employees are always paid top dollar over junior employees".

Presumably, "capital allocators" were paid top dollar in 1978. Somehow though, their wages have grown 1460% relative to the people who actually put the capital to work.

parent cbsmith 3 years ago

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