• @samokosik
    link
    113 hours ago

    Imagine calling stocks a casino xD

    • ℍ𝕂-𝟞𝟝
      link
      fedilink
      English
      18 hours ago

      Imagine calling stocks your economy.

      Not all stocks, though, just the ones with sharp upward trends despite the fundamentals and no dividends or voting rights. How are they different from a big-tech backed shitcoin? You don’t get part of the economic output or even the influence, they are simply a token given to you by a random corpo saying it will be worth more next month.

      • @samokosik
        link
        14 hours ago

        You can buy a part of company. If you buy 0.00001% of that company, you surely won’t take part in the decisions as your vote does not matter. From the other side, if millions of people owning 0.00001% of the company were making decisions, it would have been very slow to respond to the competition.

        It’s all quite simple. If you disagree with company’s management, just sell the stocks. And no one is saying that company’s stock will be worth more next month.