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I, for one, still don't understand what you mean by speculation game. Do you mean investment?
by growse 9y ago
I, for one, still don't understand what you mean by speculation game. Do you mean investment?
- agumonkey 9y agoPlaying trading stocks for lever effects to make profits for the sake of profits. Is it still fuzzy ?
- jryle80 9y agoStock trading is just one of many ways aimed at making capital available to whomever need it. Without capital Olivetti may not have existed in the first place (assuming they borrowed money during their existence). You may blame lax of regulation in this regard, which may be fair. But blaming capitalism in general is disingenuous
- growse 9y agoYes. Because what you described is the reason that literally everyone buys / sells most securities, or even starts a business. They're typically not in it for the warm fuzzy feeling, but to make a profit.