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JHB

(37,156 posts)

9. For a guy who thinks the problem is an unwillingness to take risks...

Reply to cbayer (Original post)

Wed May 2, 2012, 03:52 PM

May 2012

...how many of the companies he has investments in have limited liability?

If he likes risk, then let him risk. If one of his ventures goes bad big enough, let him lose every single thing he has. No firewalls, no hedges, just win or lose, baby.

How risky will you be if you have to face that?

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11 replies

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Highlight:

The Purpose of Spectacular Wealth, According to a Spectacularly Wealthy Guy [View all] cbayer May 2012 OP

Complete, self-serving claptrap (Conard) JHB May 2012 #1

Problem for Conrad is... Old and In the Way May 2012 #2

He's an acolyte of the Divine Right of Market... JHB May 2012 #4

exactly right! the right-wing "free" market view is very panglossian unblock May 2012 #8

Sounds like the same old circular arguments to me. bemildred May 2012 #3

+oo, it's just more shamelessly recycled "job creators" and "trickle down" rhetoric phantom power May 2012 #10

This Is The Kind Of Thing, Ma'am, Makes Me Want To Pick Up A Shotgun The Magistrate May 2012 #5

companies like Bain are to investing like a chop shop is to a car factory yurbud May 2012 #6

Excellent analogy! Old and In the Way May 2012 #7

For a guy who thinks the problem is an unwillingness to take risks... JHB May 2012 #9

Yep so-called free market capitalism is really a set of rules designed to protect wealth limpyhobbler May 2012 #11