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How the 0.001% invest

economist.com

21–30 of 216 posts

Re: How the 0.001% invest

#21
post #19

Earlier quoted context omitted.

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?

Because it is a story of dubious truth that supports the commonly held bigots theory that Jewish bankers secretly run the world, and was in fact spread for exactly this purpose.

Re: How the 0.001% invest

#22
post #6

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

If you would like to learn why this common myth is false, I would recommend the book "The Ascent of Money: A Financial History of the World", which in one of its chapters explains that this result actually made the Rotschilds go almost bankrupt because they were betting on a prolonged war, and they were just barely able to maintain their wealth despite the defeat of napoleon, not because of it.

Re: How the 0.001% invest

#23
post #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 sho…

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

Both of your points are made in the article?

Re: How the 0.001% invest

#24
post #19

Earlier quoted context omitted.

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

Because it is a story of dubious truth that supports the commonly held bigots theory that Jewish bankers secretly run the world, and was in fact spread for exactly this purpose.

ah yes other child comment pointed that out, i redacted the fabricated fact, no longer fun, lol

Re: How the 0.001% invest

#25
The article only considers new investment. Jeff Bezos may be worth $150bn, but approximately $125bn of that is in Amazon stock. He's 80% invested in Amazon.

Does it really matter where the worlds richest man puts the other 20% when he could afford to lose it all on moonshots and not give a damn? The risk-reward trade-offs you and me make while investing just don't apply to Jeffs personal investment decisions, and therefore aren't all that interesting.

Re: How the 0.001% invest

#26
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.

Same way scummy ad networks do it (in fact they probably use ad networks' tech), google 'browser fingerprinting'.

Re: How the 0.001% invest

#30
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

They mention the magic number of $100m in the article.
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