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This bolsters the notion of “money doctors” — the idea that managers mainly add value by building trust with investors.
Why Money Managers Are Paid So Much Is a Mystery: Noah Smith
published Mar 19, 2018, 4:00:29 AM, by Noah Smith (Bloomberg View) — Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying. The financial industry commands a much larger share of the U.S. economy than in the past, causing
