| ▲ | sanswork 2 hours ago | |
I don't have an answer for that, again I don't subscribe to that belief and I think risk should be highly rewarded. That said the market is a terrible judge of fairness since it's a feedback loop so luck early on can definitely allow you to extract an unfair amount of value later(this is what Wilkinsons employee was saying basically, Andrew pointed out that they offered them share packages instead of salaries and the employee replied that his employees couldn't afford to live without a salary like he could so it was never a real option so they didn't actually have a chance to capture a fair amount of the value from their work). (It's been a while since I read the book I could be getting some of the details slightly wrong) | ||