37. Should Billionaires Exist?
Shit You Don't Learn in School
The Incentive Structure of the Government
The difference between someone like bill gates, who's investing in his own fund that is going and trying to help the world, is that he is bought into that that is his own money. Someone operating in the government is operating in this hugely bloated structure of which there is no direct ownership. And you also don't know their long term game plan. They may choose to give a lot of that money away throughout their lives, but maybe they're actually holding on to some of that so that they can deploy it effectively into these y, massive projects.
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