just to play devil's advocate: this day and age, is there anything better they could've invested in? Equities PE ratio is at all time highes and it's getting ever harder for early stage start ups to succeed. There's more and more monopolies and fewer and fewer startups able to succeed. But, there's a ton of money out there sloshing around looking for returns. I think it's just a case of too much capital chasing too few opportunities.
Until, we as a society start creating the necessary conditions for more opportunities to create actual wealth, we're going to keep seeing these types of low yield investments.
>just to play devil's advocate: this day and age, is there anything better they could've invested in?
I mean, biotech, clean energy, healthcare, pharmaceuticals or anything else that's risky but at least you have huge upside in case something succeeds?
Or alternatively take the money to emergent markets and fund startups in Africa, at least there you have some huge potential for growth even if the products are boring.
Until, we as a society start creating the necessary conditions for more opportunities to create actual wealth, we're going to keep seeing these types of low yield investments.