A company that can’t offer a ROI to its stockholders, is a startup that should never be allowed to go public; stick to angel and venture investors instead. Public stocks relying on the hype of “growing quickly”, are a Ponzi scheme through and through.
If we speak of company ages, the argument doesn’t hold either:
- AAPL - 49yr - 0.48%
- MSFT - 50yr - 0.88%
- NVDA - 32yr - 0.04%
- AMZN - 31yr - 0.00%
- GOOG - 27yr - 0.49%
- TSLA - 22yr - 0.00%
- SpaceX - 23yr - not traded
A good chunk of the US market is made up of Ponzi scheme companies. With 401k-s tied to market investments, people are setting themselves up for a very rough awakening.