Do we really need the stock market? | |
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BRIEF User ID: 39607259 United States 11/14/2014 08:47 PM Report Abusive Post Report Copyright Violation | It just seems like a sophisticated form of gambling, could the economy survive without it? Quoting: Anonymous Coward 11852298 It's a way for companies to borrow money to grow and maintain their business and for regular people to own a small piece of those companies and make some money. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
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BRIEF User ID: 39607259 United States 11/14/2014 09:18 PM Report Abusive Post Report Copyright Violation | The stock market is based on "The Greater Fool" Theory. Stocks, after the Initial Public Offering has very little, if anything, to do with the performance of the company. After the IPO, the price of the stock is based strictly on perception! When you try to sell, your only hope is to find a sucker who is a greater fool than you. Quoting: Anonymous Coward 9323417 you don't need to find a buyer, the company that you own a part of will buy back your shares of stock I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
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