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wrig9547@lemm.ee ⁨2⁩ ⁨months⁩ ago

To me the stock market was started as a way for individual business owners to raise capital to make a large purchase (open a factory, etc.). Then it became a novel way to speculate on the FUTURE performance of some business. It’s become a way to make money by playing on the emotions of other investors.

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bobs_monkey@lemm.ee ⁨2⁩ ⁨months⁩ ago
And now, it’s little more than a damn casino.

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- Steve@startrek.website ⁨2⁩ ⁨months⁩ ago
  Its all of these things
  
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shalafi@lemmy.world ⁨2⁩ ⁨months⁩ ago
If I’m not betting on your future performance, why am I giving you money to open a factory?

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- wrig9547@lemm.ee ⁨2⁩ ⁨months⁩ ago
  Good point, I suppose they are one and the same.
  
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