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What a bunch of nonsense. A billionaire investing millions has virtually no chance of helping you. The only conceivable way he can help you is by participatin
by flyinRyan 13y ago
What a bunch of nonsense. A billionaire investing millions has virtually no chance of helping you. The only conceivable way he can help you is by participating in an IPO so that particular company gets an injection of cash to use to hire more people, etc. But virtually all trading that will go on with his/her millions/billions is buying and selling of stock that IPO'ed long ago and no longer bring the issuer any money at all.
The kind of investment the billionaire is doing is zero-sum in nature and doesn't help anyone but them.
It's hilarious that you imagine some billionaire playing the stock market has more value to you than people spending money on products (that you could be making). The 80's called and asked for their misconceptions back.
- yummyfajitas 13y agoI'm confused - people consuming helps me because maybe I can work hard to enable their consumption? Huh? Explain how this helps me again?
- flyinRyan 13y agoYou're being thick. People consuming creates a market. You have the opportunity to capture a part of that market to make money. This is the entire point of capitalism. You somehow imagine that fucking billionaires investing in funds is more beneficial to you than the actual markets? Take a step back and think about what you're saying.
- SamReidHughes 13y agoPeople producing is also a part of creating a market.