the_wise_wolf
@the_wise_wolf@feddit.org
- Comment on ‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader 1 week ago:
Alright. Your messages sounded a bit different to me at first. You can certainly gamble with stocks. But you can also invest more or less safely.
- Comment on ‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader 1 week ago:
Early investors geht stocks. And they can even sell them before the company goes public (if it ever does). The IPO or direct listing or whatever process is chosen, brings the stocks to an open exchange. And a company usually issues new stocks during an IPO and can issue new shares at any time.
The fact that IPOs are overpriced and kinda shady is true, but that’s one of those problems I meant, which are not explicitly due to the existence of stocks.
- Comment on ‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader 1 week ago:
No, it’s not gambling. It’s people coming together in order to build something. And a place where people can sell their stocks is a stock market.
There are many problems in this world. But there existence of stocks and the fact that they can be traded is not one of them.
- Comment on ‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader 1 week ago:
That doesn’t make any sense. That way you could only buy stocks and never sell them. Then what’s the point of investing? Also you couldn’t just leave the company behind if you stopped believing in it and its leadership.
- Comment on 💸💸💸 4 months ago:
“my gasoline dollars” would have been more accurate.