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A capitalist who invests indiscriminately (e.g. broadly) today, has a positive expected outcome of this, and that's not a given out of the fundamental theory.

The work a capitalist does, their contribution, isn't just writing checks, it's writing the right checks.



It just happens that a capitalist writing a large number of checks happen to write a couple of right ones. And often we need them to write some wrong ones too.




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