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How the 0.001% invest

economist.com

11–20 of 216 posts

Re: How the 0.001% invest

#11
post #10
post #6

[removed fun fact due to it being false and still being published in modern books .. sigh]

Fun fact: This is not supported by historical evidence, and was likely simply anti-Semitic fake news which got out of hand... https://www.independent.co.uk/news/uk/home-news/the-rothschi...

"Fun" fact.

Re: How the 0.001% invest

#12
I'm not particularly convinced by the risks stated here.

Yes Bill Gates could buy 65% of the Turkish stock market, but if he wanted power, there are surely cheaper and easier ways to do it.

And regarding stability, you could make the case that these funds could increase stability. If you're in the 0.001% then surely you have the money to have a long term out look, which means they aren't going to worry about that short term blip.

I think the last paragraph headline sums it up for me. They've rediscovered DIY investing.

Re: How the 0.001% invest

#13
0.001% of the world is about 75k people [1], there are about 2200 dollar billionaires [2], so only(!) ~3% of these people are billionaires.

Not a real point to make, but I was wondering, and it might save someone else time.

[1] https://www.wolframalpha.com/input/?i=0.001%25+*+world+popul... [2] https://en.wikipedia.org/wiki/The_World%27s_Billionaires

Re: How the 0.001% invest

#15
post #3

Earlier quoted context omitted.

Using private browsing mode tends to work.

I'm not quite sure how sites do it, but, lots of sites manage to enforce the article limit across even incognito and even across browsers... i pasted an archive.is link ( http://archive.is/o3LVk ) which is quite reliable for me and 99% of the time someone else already archived it.

There was an article posted on hn like 18 months ago about how to detect users across incognito sessions, defeated by switching browsers entirely

Word got out

Re: How the 0.001% invest

#16
post #10
post #6

[removed fun fact due to it being false and still being published in modern books .. sigh]

Fun fact: This is not supported by historical evidence, and was likely simply anti-Semitic fake news which got out of hand... https://www.independent.co.uk/news/uk/home-news/the-rothschi...

Haha! Well if its true that the parent fun fact is not true, its shocking because I read that in a book[1] authored by Dan Cryan [2].

[1] https://www.amazon.ca/Introducing-Capitalism-Graphic-Dan-Cry... [2] https://technology.ihs.com/Biographies/400721/dan-cryan

Re: How the 0.001% invest

#17
post #13

0.001% of the world is about 75k people [1], there are about 2200 dollar billionaires [2], so only(!) ~3% of these people are billionaires. Not a real point to make, but I was wondering, and it might save someone else time. [1] https://www.wolframalpha.com/input/?i=0.001%25+*+world+popul... [2] https://en.wikipedia.org/wiki/The_World%27s_Billionaires

The article is about families, so if you say the average size of these families is 3-4 people, they're all in it.

Re: How the 0.001% invest

#19
post #6

[removed fun fact due to it being false and still being published in modern books .. sigh]

Love me some antisemitic propaganda on one of the most-read tech pages. Mods, delete this.

how is it antisemitic? seems like an interesting point how some people used a clever information network to gain an advantage?

Re: How the 0.001% invest

#20
post #16
post #10

Earlier quoted context omitted.

Fun fact: This is not supported by historical evidence, and was likely simply anti-Semitic fake news which got out of hand... https://www.independent.co.uk/news/uk/home-news/the-rothschi...

Haha! Well if its true that the parent fun fact is not true, its shocking because I read that in a book[1] authored by Dan Cryan [2]. [1] https://www.amazon.ca/Introducing-Capitalism-Graphic-Dan-Cry... [2] https://technology.ihs.com/Biographies/400721/dan-cryan

The origins of the story are covered in reasonable depth on Wikipedia - https://en.m.wikipedia.org/wiki/Nathan_Mayer_Rothschild
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