nancylebov (nancylebov) wrote,
nancylebov
nancylebov

Imagining a law

It would be nice if people weren't allowed to invest in things they don't understand, especially if they're investing other people's money.

There are some practical problems with a law like that-- I can't imagine an fair, efficient test which would check on understanding.

On the other hand, maybe "we made investments we didn't understand" shouldn't be a legally or socially acceptable defense.

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