If they did that, then they’d be contributing useful information about which ideas are good. But they don’t even do that anymore; the finance game has been rigged since the bailouts started.
Health insurers don’t contribute information. You don’t need to know what your odds of getting sick are because you’re going to want treatment either way. A choice where the alternative is death isn’t a choice.
Companies can do things without investors, but investors can’t do anything without companies.
If I invest in stock on my toilet at home I’m technically helping the company financially, but I’m not actually developing or making things of real economic value. I’m just betting they will and that their numbers will go up.
Look at finance! They don’t make anything of actual value, they just bet what’s going to happen to the people that do
“You know what the trouble is, Brucey? We used to make shit in this country, build shit. Now we just put our hand in the next guy’s pocket.”
If they did that, then they’d be contributing useful information about which ideas are good. But they don’t even do that anymore; the finance game has been rigged since the bailouts started.
Health insurers don’t contribute information. You don’t need to know what your odds of getting sick are because you’re going to want treatment either way. A choice where the alternative is death isn’t a choice.
Isn’t that investing though? Or is that entirely different?
Companies can do things without investors, but investors can’t do anything without companies.
If I invest in stock on my toilet at home I’m technically helping the company financially, but I’m not actually developing or making things of real economic value. I’m just betting they will and that their numbers will go up.
Oh shit I have a toilet too how do I invest
You make periodic deposits