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The stock market ... what’s important ... is the potential growth of your sales, not your current sales, since the point of buying stock is to sell the stock to
by crasshopper 16y ago
The stock market ... what’s important ... is the potential growth of your sales, not your current sales, since the point of buying stock is to sell the stock to someone else later on, at a higher price.
Or to receive dividends. Heard of blue chip investors? Buy-and-hold strategy?
"Mining" versus "farming" is disputed in the stock market as well. That's why people talk about P/E ratio.