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Keyword here is "ideally". Stocks are just a very elaborate pyramid scheme in which you rely on a greater fool to buy your stock at a higher price. It has nothi
by AznHisoka 11y ago
Keyword here is "ideally". Stocks are just a very elaborate pyramid scheme in which you rely on a greater fool to buy your stock at a higher price. It has nothing to do with owning a share of a company unless you get paid dividends.
Plus what are the chances Google or Apple getting acquired? Once you go public that rarely happens.
- arethuza 11y agoGoogle and Apple are exceptional though - there are a lot of public companies and acquisitions of them happen all the time.
- lmm 11y agoBuybacks are functionally equivalent to dividends, and more tax-efficient (which is a whole other discussion). If a company's doing buybacks you're benefiting appropriately from your ownership share. Both Google and Apple have now started paying dividends (Google has done it via the funky reverse-spinout of Alphabet, but again that's economically identical).
- geofft 11y agoDell actually got acquired very recently. Google did the weird Alphabet thing. Apple had the entire NeXT saga. It's not likely to happen soon, but unless you're a "fool" or someone who makes their money on foolishness arbitrage (which, again, you can do without being zero-sum), that's not the point of stocks, anyway. Buy a bunch and leave it alone until you retire.