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>> In order for you to win someone else has to lose. Please explain why this is necessarily true in the stock market. You buy X at $Y. Then sell X to me for
by 11thEarlOfMar 9y ago
>> In order for you to win someone else has to lose.
Please explain why this is necessarily true in the stock market.
You buy X at $Y. Then sell X to me for $Y+1. You won.
I then sell X to someone else for $Y+2. I won.
Hence in that transaction, we both win.
- deleted 9y ago[deleted]
- ceejayoz 9y agoWhich of the two transactions you described is the win-win?
- 11thEarlOfMar 9y agoThey are both win-win, even if the wins are not simultaneous.
- ceejayoz 9y agoSure, if you ignore the impact on the third party you've introduced. That's like calling a pyramid scheme a win-win-win-win-win-win-OHFUCK situation.
- 11thEarlOfMar 9y agoI see your point. However, there are outcomes where I buy a stock and hold it. The company's profits increase over time. They start paying dividends, and I never sell. There are many companies that generate enduring profit and thereby enable win-win.