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The stock market in general. The last few years have really swoon us that the stock market is 100% "funny money" that goes up and down purely based on opinion.
by darknavi 6y ago
The stock market in general. The last few years have really swoon us that the stock market is 100% "funny money" that goes up and down purely based on opinion.
- danans 6y ago> goes up and down purely based on opinion. Not opinion as much as fear and greed.
- splistud 6y agoBuying equities in our society is done on a voluntary basis. What other possible pricing mechanism could there be other than people's opinion of what an equity is worth? If you want to throw your hands up in the air and call it funny money, because you don't understand what you're seeing, that's fine I guess. But understand the deficiency is yours, not the nature of the market.