2 ms·

So in effect it's just one giant speculation game that everyone's in on and the only trick is not to be left holding shares when the hype stops? I guess I'm fi

by corford 13y ago

So in effect it's just one giant speculation game that everyone's in on and the only trick is not to be left holding shares when the hype stops? I guess I'm fine with that as long as everyone playing knows the rules (although it's tough for the index funds that have no choice in the matter).

tootie 13y ago
That's an oversimplification. For one thing, stocks can pay dividends even though few do anymore and Twitter seems unlikely to do so any time soon. Also, there's no reason the hype needs to ever die. GE has been trading for 120 years.