Joe's Blog:

I canโ€™t help but think of something I said to my brother a few years ago: If you donโ€™t own a piece of the company you work for, youโ€™re always getting screwed. It doesnโ€™t matter if youโ€™re a senior VP making 30 Million a year. Youโ€™re still getting a suckerโ€™s share of the overall take.

"Screwed" is too harsh. If you don't think you're getting a fair wage for your work, find a better job.

But do remember that even with every fair exchange, both sides should think the other side is getting the short end of the stick. That's why trade occurs, you know? You think it's worth more than $2.50 a gallon to go 30 miles, and the gas station believes it's worth less. If it was the other way around, you'd never buy gas.

But there's an inherent inefficiency in each trade, and that's what Joe is speaking to. If you were sitting in the trader's seat, you'd be getting your gas at wholesale prices. That's a nicer place to sit.

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