Thanks for that. Looks like he is starting with realistic data.
I would have to say that his resulting 45:1 ratio would be the maximum upside, and only achievable if every billionaire dollar was earned through innovative creation of value.
As we know, very few things are 100% efficient, plus unfortunately sometimes financial efforts can balance more toward innovative destruction of value, so that does need to be taken into consideration.
I would have to say that his resulting 45:1 ratio would be the maximum upside, and only achievable if every billionaire dollar was earned through innovative creation of value.
As we know, very few things are 100% efficient, plus unfortunately sometimes financial efforts can balance more toward innovative destruction of value, so that does need to be taken into consideration.
I like his optimism though.