4 ms·

According to US law, you mean. However, nothing stops a foreign entity from creating derivatives pegged to the price of US stocks. Which is exactly what this gu

by darawk 7y ago

According to US law, you mean. However, nothing stops a foreign entity from creating derivatives pegged to the price of US stocks. Which is exactly what this guy was attempting to do.

arcticbull 7y ago
Owning stock conveys beneficial ownership share, pays dividends, etc. This is strictly worse.
- darawk 7y ago
  Worse than what? Their alternative is owning nothing at all. And derivatives are just fine - they can be pegged to the dividend adjusted value of the asset.
  - arcticbull 7y ago
    It's not an investment, it's gambling. I'd suggest that's probably not the best use of capital for what you identify as an impoverished group.
    - darawk 7y ago
      How exactly is a single-stock future any more gambling than investing in that stock directly?
      - deleted 7y ago
        [deleted]