When I see stats like $1 of vaccines releasing $44 of economic value, I think: there is a market opportunity here.
The question I keep asking is: what would a hedge fund look like that was making a bet that most people in poverty could produce the $44 if we invested the $1? What kind of corporate structure would be needed to distribute the resource AND reap part of the economic value?
Similar hedges can be made everywhere. If I believe black people are worth more than their social status (and commensurate credit access) would suggest.... how do I make that bet with cash?
You can answer "microfinance" but that's just phrasing the question in a different way. The real issue is: how, exactly?
It's not an easy question to answer, but I think unlocking it is a trillion dollar opportunity. You are essentially betting against the entire class of employers. Seems stupid, but so did Michael Burry's bet against the entire class of mortgage lenders.