4 ms·
is there any evidence for this argument? would investment just stop alltogether, or would it change to support lots of smaller ventures instead of a few big one
by MarkPNeyer 15y ago
is there any evidence for this argument? would investment just stop alltogether, or would it change to support lots of smaller ventures instead of a few big ones?
- buff-a 15y agoOf course there is evidence: the stock market wasn't invented until 1999. Before 1999, noone dared buy stocks because they were afraid they couldn't sell it later. Its historical fact.
- wtvanhest 15y agoAnswer this question and you will need no evidence: What would a stock be worth the day of the IPO if there was no way to sell it the day after the IPO?