Rich People Are EVIL??
Featuring Dave Ramsey – @TheRamseyShow – Add me on Instagram: GPStephan
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That logic puts Private Equity firms providing the most value to our world. Hilarious.
Raising captial and buying failing busnesses and restoring them is valuble dude. Not sure why you’d think otherwise.
@@lukemorris111thats not what VCs do, its they buy a business, saddle it with debt, sell it for parts then declare bankruptcy.
Being a 100+ millionaire makes you selfish and greedy! It’s about knowing when it’s enough!
Ohh so 99.9 and less millionares are somehow fair and respectable people but 100+ millionares are the evil elite’s exploiting the working class. Grow up.
No
You don’t get to decide how much money other people earn. Its also basic finance that most of a persons wealth at that level is tied to assets and not easily liquidable.
Being selfish and greedy is dictating what others are allowed to do.
Oh great millionaires talking to other millionaires about how they’re not greedy
Fr
You can be a millionaire too
@@nexoupnext great thanks!
This mindset ✊ @@nexoupnext
Famously CEO’s laying off thousands of staff so they can get million dollar bonuses is because they provide just so much value.
Well technically if the business doesn’t lose any productivity because of the cuts then yes, even if its scummy as hell.
It’s that THOSE CEO’S are selfish and greedy, not all rich people, being rich does NOT inherently make you selfish and greedy, but how YOU react to being rich.
It’s what YOU choose be rich, selfish, and greedy, or rich, nice and kinds, it’s YOUR CHOICE
Mind you, this is advice coming from someone with no kids or family. If all you have is money, you have nothing
Lol people do not make money according to the value they provide. Some do, some dont. It really has little bearing. Although this really only applies to what I believe value is. Most big streamers have no value. Many upper echelon corpos have little. All are paid very well.
Then your definition of value is what needs updating because it clashes with reality. If what you think is valuable is not VALUED by others, then its not really valuable in an economic sense.
I agree with you. Look at firefighters, cancer researchers, police officers, nurses, doctors, paramedics, active military members, etc. It’s not wrong to say you earned your money because you did, but it’s weird to imply that all people are paid based on the value they add. I think the thing that bothers people is usually that they feel like rich people think they are better than everyone else, and this take kinda doesn’t help. I like Graham, but I respectfully disagree with him here. Not gonna convince me his YouTube content adds more value than my grandfather pulling people out of burning buildings his whole career.
@bobbilly87 I believe society has destroyed most of what value should consist of. I’m aware that people giving attention and money to people determines value. However just because the majority or a large group of people thinks something doesnt make it right or good. History is littered with examples of this even tho it’s usually written by the winners in power. The saracens forever, nazis, Soviets, the khans, the roman empowers and on and on committed atrocities because they had power and public approval to do so and used that to determine what value was and some was good and alot was terrible. I believe that a good society should try to value that which is good for its continuance and advancement and in the western world thats largely been lost in the last couple generations.
This is a delusional take as there are people making below minimum wage providing more value than any of these fools.
Lmao
😂😂😂 💯
They have employed thousands of people lmao. And those people are WAAAYY above minimum wage pay too.
You are paid based on the availability of your marketable skills. Most people who work hard have to because they lack the ability or ambition to seek opportunity elsewhere. Working hard has little correlation with value.
If only a CEO provided one thousand times more value to the company than each of its minimum wage workers. Everyone has a part to play
The fact that minimum wage workers are usually so economically illiterate that they don’t realize CEOs often do provide 1000x more value than any single worker is the reason they are working minimum wage. Their decisions return exponentially, a workers labor can only scale so much.
Aaand graham lost a subscriber. All that money and no perspective.
Oh no 😱 your one sub is going to derail his whole career!
So, the guy who hates credit cards is speaking to the guy who is massively leveraged in super low interest loans 😂😂😂😂😂