[quote=CA renter] Developing something new and actually creating something is very different from “investing.” Very different.
I have no problem with those who **create.** My complaint is with those who simply buy up existing assets, hoarding the very things that are necessary for survival (food, housing, etc.) in order to force others who NEED those things to pay them higher prices or rent.
By all means, people should go out there and create, innovate, and improve upon things. That’s valuable to society, no doubt. But “investors” who don’t create, don’t expand productive capacity, etc.? That’s zero-sum, and requires other to suffer in order for the “winners” to gain.[/quote]
Those people who create need people with capital to help them with bills or else the creator’s family would desert them. Or there would be nothing to create in the first place.
It is those investors who take that ‘risk’; betting on the chances that the creators become successful. They expect a reward proportionate to that ‘risk’.
While it is debatable on the risk-reward equation, to say that these ‘investors’ do not create value is very immature especially with so many examples that you could just see even without taking your eyes off your computer screen.
You seem to forget that for every successful investor, there are a hundred others who lost their shirts taking those risks (incl. yours truly). Those had to go back to their day jobs or something to provide for themselves. Typically these are not the ones who complain; they know they took the risk and lost out when the outcome did not pan out as expected. It is those who have never taken the risk that seem to complain the most about ‘investors’. And those who seem to complain the most seem to come from ‘public sector’ background.