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That’s a naive take.

Generating above market returns on capital is probably the most competitive arena ever. Why do you think CEOs make so much money? They typically are not the ones that own the capital. They are the people the capital owners pay extremely well to maximize their returns. If it didn’t matter who they picked they would just pick someone and pay them a few 100k and keep the rest.



No sir your take is the naive one. You’ve affirmed my position by pretending to deny it.




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