Lots of examples of people with loads of money making poor choices.
https://www.thinkadvisor.com/2013/05/07/8-really-bad-investments-that-lost-a-bundle/?slreturn=20190214225428
Another....
Microsoft lost $8 billion USD on Nokia
https://www.theverge.com/2016/5/25/11766540/microsoft-nokia-acquisition-costs
does it matter to Microsoft?
Not at all. They are happily chugging along.
But it matters to the almost 8000 people that lost there jobs!!!!
Yet another example of inequality. Those 8000 people had no choice in the matter. Yet they lost there jobs as a result.
It is an illusion that just because some company invests what we might think is a massive amount of money has done the research and can influence the outcome to ensure a positive result for everyone.
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