Subject: Re: OT: S&P versus T-Bills?
Maybe the dice are not fair after all.

I think this is the point that is nagging at me - that the current structure of the economy is favoring extremely large, highly profitable companies. Maybe their ability to generate excess cash and reinvest it in products that only they can scale effectively is an "unfair" advantage that is self re-enforcing.

Of course - the economic backdrop could change, they could get in trouble with the government, etc... (ie: the dice could get swapped out) but simply arguing that things are required to revert seems simple minded.

tecmo
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