Not sure why this question is for libs.
Don’t republicans believe in trickle down economics? If so, a surging stock market… makes the rich… richer and then they will bestow their riches on the poor and middle class. Right?
It wasn’t a conservative who started the OP.
Elon Musk employs 110,000 people worldwide (2021).
Bezos, Amazon alone, 1.3M (2021).
Gates. Fedex 500k and UPS 600k (2024)
You?
If this post is in defense of trickle down… then I am not surprised you agree. But then why did you say this?
Talking out of both sides of your mouth again?
Go take a sarcasm class at the community college.
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lol @Gaius. 10% of my investments is in VANGUARD ESG U.S. STOCK ETF, up a mere 44% year over year.
princeton people might be smart, better to leave the investments to the pros.
Allan
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Traditonally universities have been among the most conservative of investors, investing almost exclusively in high-quality bonds and holding them to maturity.
Some time in the 1980s or1990s they got tired of losing out. The law of large numbers says that they take very little risk in a well diversified protfolio of stocks . . . if the stocks are in high-quality companies.
More recently they are part of a bigger problem.
30% private equity. There are a lot of shady characters and a lot of hair-brained ideas there. It can be a real minefield. Which is why it is private and not “open to the public.”
Heck, a lot of companies that go public now should not be allowed to go public.
You first. that wasn’t sarcasm. You just got caught in your typical pretzel logic.
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While you’re there, see if they’ll let you teach a mind reading class.
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Then there was today!
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