Originally posted by Reverend Jones:
Only if he buys their sweat from his stock broker.
On a serious note, you mentioned something about capitalists cornering the market from unfair advantage. What is your opinion of Vanguard, which now has 80% of the mutual fund market? Is this not simply an example of markets actually working, where the company with the most efficient operation (only 40 employees managing trillions of dollars) offering the best prices to its customers?
On a serious note, you mentioned something about capitalists cornering the market from unfair advantage. What is your opinion of Vanguard, which now has 80% of the mutual fund market? Is this not simply an example of markets actually working, where the company with the most efficient operation (only 40 employees managing trillions of dollars) offering the best prices to its customers?
Why aren't other companies doing the same thing to compete against them, then?