Sunday, January 13, 2013

Is one hedge fund manager worth 55,000 nurses?

According to Payscale.com the median income for nurses in 2011 was 55,000 dollars.

That's not a bad income. Depending on where you live, your family could have a more or less decent life on that income. And we all understand what nurses do.

They help sick people.

According to Forbe's, the highest paid hedge fund manager in 2011 was Raymond Dalio of Bridgewater Associates. He earned himself three billion dollars in 2011. We all know what hedge fund managers do.

They help themselves.

Doing some elementary math, we find that the hedge fund manager makes the equivalent salary of 55,000 nurses.

Who contributes more to society?

One hedge fund manager?

Or 55,000 nurses?


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