Is there such a thing as a competent money manager? Most of them are insane, and will ream you by making you investment rich based off blind luck, and tell you the best money management technique is to take on debt and keep giving them cash. They're no better than pan handlers most of the time
Not for the average person, but the extremely rich people able to give them million dollar bonuses get the best service.
At that point you're merely making money off volume. You could put that money into an MMA and 2% of millions is still a large chunk of change. Which brings us back to the fact that money managers are nothing more than jews trying to continually steal from you. If not jews, just jew indocrinated idiots.
Still doesn't change the fact that the service provided by those on wall st. is more valuable to some than "put frozen patty on grill, press button, wait for beep." It's also a more complex skill no matter how reductive you try to be. My point is there is a reason minimum wage jobs are minimum wage, and that isn't likely to change any time soon.
And the person who made that billion is the person paying these bonuses. So my point still stands.
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