> Because hoarding up billions of dollars into family dynasties is pretty much d... | Hacker News

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scott_karana on Dec 2, 2015 | parent | context | favorite | on: A letter to our daughter

> Because hoarding up billions of dollars into family dynasties is pretty much doing nothing.

Well, his money isn't stuffed under sofa cushions, so it would bankers choosing what to invest in, but your point still stands. ;)

KayEss on Dec 2, 2015 [–]

If the wealth is held as stock then there is no "money" for the bankers to do anything with. At best he can borrow money with the stock as collateral and then allow bankers to invest that.

jacquesm on Dec 2, 2015 | [–]

In that case he'd better pray the stock doesn't tank.

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