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> I can't invest in a company that wants investors money but won't give them anything in exchange for it. Other than financial returns, you mean?
by zapita 9y ago
> I can't invest in a company that wants investors money but won't give them anything in exchange for it.
Other than financial returns, you mean?
- chowells 9y agoA lot of people consider greater fool assets to be financially unsound, no matter what their historical performance might be. Stocks typically provide real value in up to 3 different ways. First is paying dividends. Second is voting power. Third is liquidation preference. Many new tech stocks provide none of those. All they provide is a hope that some fool in the future will pay more for them than you did. As long as we're in a bubble, those greater fool stocks will keep going up. Sooner or later, the bubble will end. Some people consider it financially unwise to depend on the continued existence of a bubble for their financial positions.
- zapita 9y agoIt's one thing to argue that an investment is a bad one. It's quite another to say that limited voting rights mean you're "getting nothing in exchange for your money". I don't think you've adressed that claim at all... So what's your point?