Question, Deggen, just brainstorming/example:
Someone gives you 50k in exchange for a 1% of your personal (!) yearly income for 5 years (just an example!)
You have no risk, he has it, but you have more money to scale/accelerate your work/ideas
Why not?
A lot would go wrong.
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1KHrkyct6342wchLSVWN1nXdky8bH3KcN VerifiedSure, but nobody is forced to take the risk. I just want the opportunity, if I get scammed eventually, it is my problem.
If you accept that cognitive ability is a Pareto distribution, then you ought to advocate for the reasonable protection of the less able minded investor from the psychopathic malfeasant. This helps the society avoid the opportunity cost of bad investments.
^ Okay I really need to STFU now. I’m confusing distributions. Normal vs Pareto.
But because it wouldn’t work out for most, the investment format would fail and then you’ll end up with lemons only again.