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You are all missing the key point of Mark's whole reasoning. DON'T BUY STOCKS BECAUSE SOMEONE ELSE WILL BUY THEM. BUY STOCKS YOU WANT TO OWN, forever if need
by Eliezer 18y ago
You are all missing the key point of Mark's whole reasoning. DON'T BUY STOCKS BECAUSE SOMEONE ELSE WILL BUY THEM. BUY STOCKS YOU WANT TO OWN, forever if need be. Why? Because they pay dividends! Mark doesn't care if the Dow goes to zero or infinity, he's got an acceptable yield on his stocks and that's all that matters.
- mleonhard 18y agoThere are some stocks that don't pay any dividends. :(