Note, however, that Garry also holds a much longer lever in his hands. It's very likely that he does get a huge ROI from the token spend because if it helps him make just one slightly better investment decision per year, that's millions in return.
The rich always have leverage. The questions I'm asking are broader market questions...
Does it matter that he's spending this much money on tokens? What's the derived signal?
Why isn't he spending more?! Spend on intelligence seems to have no limit, and he's rich after all right?
What's the limiting rate of return on token spend for the rich?
Does Gary represent an archetype of other rich people who also want to spend money on tokens at that rate? ...if not more?!
The rich always have leverage. The questions I'm asking are broader market questions...
Does it matter that he's spending this much money on tokens? What's the derived signal? Why isn't he spending more?! Spend on intelligence seems to have no limit, and he's rich after all right? What's the limiting rate of return on token spend for the rich? Does Gary represent an archetype of other rich people who also want to spend money on tokens at that rate? ...if not more?!