5 ms·
>As a rule of thumb, the more convoluted things get in finance, the more nefarious the intentions Many years ago, the quote I heard went something like, "There
by DebtDeflation 6y ago
>As a rule of thumb, the more convoluted things get in finance, the more nefarious the intentions
Many years ago, the quote I heard went something like, "There are only 3 real asset classes: Equities, Fixed Income, and instruments designed to make money for Wall Street. Colloquially known as Stocks, Bonds, and Bullshit."
- mnadkvlb 6y agoSuch an underrated comment !! +1
- nopzor 6y agowhat’s the difference between equities and stocks?
- mynegation 6y agoEquity is an asset class. It includes stocks for sure, but holdings in index funds, ETFs, private equity investments, venture capital are also examples of equities.
- nopzor 6y agoindex funds (of stock), private equity investments (generally stock), and vc equity investments (of private stock) are all also “stocks”.