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>You inherently can't do that in a stock market, since stocks are capital. This is just a distinction we’ve invented. It doesn’t have to exist. > Why not? If
by cwhiz 6y ago
>You inherently can't do that in a stock market, since stocks are capital.
This is just a distinction we’ve invented. It doesn’t have to exist.
> Why not? If I think Tesla is a good buy and you think it's a bad buy, you can borrow a share (go short) and sell it to me at the current market price.
If you think it’s a good value, you buy it. If I don’t think it’s a good value, I don’t buy it. You know, like literally every single market except the stock market.
We should absolutely ban options trading. We should ban every single market mechanism other than buying, holding, and selling. The market is not a casino, and these traders are not providing any net value to America.