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Are you suggesting that if 100 times as many people bought those stocks at the right time, we'd have 100 times as many billionaires? What exactly would be gener
by wizofaus 3y ago
Are you suggesting that if 100 times as many people bought those stocks at the right time, we'd have 100 times as many billionaires? What exactly would be generating all that extra wealth?
- WalterBright 3y agoThere are a fixed number of shares. If A buys 100 shares, there are 100 shares fewer available for others to buy. Until a corporation dilutes the shares by issuing more.
- wizofaus 3y agoYes, that was kind of my point. I'm not really seeing how many more people could have possibly become mega-rich just by having bought more of the shares that happened to make the few people that actually did mega-rich, which seemed to be what you were suggesting - apologies if I misinterpreted.