4 ms·
I buy Microsoft at 10 and sell to you at 20. You then sell at 30. We have both won and clearly no one has lost. Cash equity Markets are not zero sum.
by chollida1 5y ago
I buy Microsoft at 10 and sell to you at 20. You then sell at 30.
We have both won and clearly no one has lost. Cash equity Markets are not zero sum.
- simcop2387 5y agoWho did j sell to and who did You buy from?
- x4e 5y agoYou have not factored in the person that I sold it to for 30.
- gruez 5y agoIt depends on your perspective. The act of speculation is zero sum, but holding onto the stock and letting it appreciate isn't zero sum. Seeing how "speculative traders" are in it to make more than the 8% average (or whatever), we're probably talking about the former and not the latter.