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derektank04/23/20251 replyview on HN

Most rich people aren't sitting on piles of cash; their capital is (usually) invested in a corporation which is busy turning potential into action, as you put it. I think there's an argument to be made that amassing and hoarding great wealth, particularly near the end of one's life with the intent to pass it directly onto one's heirs, is morally questionable if you believe in any kind of universalist ethic. But I think criticizing someone as uncreative simply because they're not selling off all their equity to go pursue some other venture is way off


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__MatrixMan__04/24/2025

That sounds very good but it's difficult to square with the behavior of those corporations. Can it really be that the change all of these well meaning rich people want to see in the world is... products that spy on an manipulates their users, products that can't be repaired, and products that putting future generations at risk by damaging the environment?

Either these investments are not paying off, or they are and the investors have a very dark vision for us. Neither reflects very well on the investor.

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