4 ms·
You own the same thing when you buy a lottery ticket. You own a paper entitling you to an unknown amount of future money based on uncertain events.
by ryandrake 6mo ago
You own the same thing when you buy a lottery ticket. You own a paper entitling you to an unknown amount of future money based on uncertain events.
- bluGill 6mo agoWhen I own a stock I also vote on the board of directors and so I have long term influence on the future. (I don't agree with stocks where I don't get that vote, or where my vote is meaningless because insiders have more control than their ownership share - even though they exist. Yes I know the amount of stock I own is trivial, but I still at least have it)