He seems to think that equities are some kind of sinkholes where the money simply gets tied up or disappears. He doesn't understand that the money used to buy a

He seems to think that equities are some kind of sinkholes where the money simply gets tied up or disappears. He doesn't understand that the money used to buy a share has to go to the seller of the said share, who might in turn use it to consume. It's actually an incredibly common fallacy that keeps getting brought up time and again.