Q: 1% earners (regular income) from professional services, differs from 1% (windfalls) from entrepreneurship? CEO=Risk, Doctor=Certainty. Balance Sheet vs Income Statement. (Ex. My salary 350k+, trivial compared to the M’s on exit, even w/ the 50K/2yr startup). @mattyglesias
Source date (UTC): 2019-11-09 18:23:28 UTC
Original post: https://twitter.com/i/web/status/1193232653727797251
Reply addressees: @karlbykarlsmith
Replying to: https://twitter.com/i/web/status/1193194837081759746
IN REPLY TO:
@thesubtledoctor
Much of the 1%, like America’s most unaffordable cities, were created by explicit anti-competitive regulation.
Even the salaries of CEOs and financial managers owes a lot to the SEC and the consequently few people able to successfully navigate the public markets. https://t.co/J8dMr1CzEX
Original post: https://twitter.com/i/web/status/1193194837081759746
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