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> Disclosure: I bought more FB today May be you can consider the moral side of what you are doing, if you care. This makes me really sad. People say, they car
by pksadiq 9y ago
> Disclosure: I bought more FB today
May be you can consider the moral side of what you are doing, if you care.
This makes me really sad. People say, they care about privacy - theirs and others'. But they are okay making money investing for the same.
- twblalock 9y agoHow does investing in Facebook stock help Facebook? It's not like Facebook gets the money. The guy you buy the stock from gets the money. You know what would do good in the world? Invest in evil companies and use the profits to fund advocacy against what they are doing. Turn their success against them. But if you refuse to invest in companies you don't like, it makes no difference to them at all.
- deleted 9y ago[deleted]
- cwilkes 9y agoIt isn’t so much as “helping” a company but rather putting your money where your mouth is and refusing to make a personal profit off a company you don’t agree with.
- twblalock 9y agoThat only hurts yourself. It results in no benefit to any cause or harm to the company you don't like.
- pnloyd 9y agoIt may not put money in Facebook's pocket but.. Last time I checked Mark Zuckerberg is Facebook's CEO and largest shareholder. I imagine that taking actions that devalue the stock and therefore his net worth are bound to influence his decisions (and therefore Facebook's)
- deepbreath 9y ago> How does investing in Facebook stock help Facebook? Buying stock increases demand, thus increasing the price of a stock unit. That, in turn, benefits those who own it (which I'm guessing is primarily the CEO and the shareholders)