Stocks are tickets to a table where you get to skim off the profits generated by the company forever
Stocks are tickets to a table where you get to skim off the profits generated by the company forever, even though your initial stock purchase was for a finite amount.So yeah, while the stock market is not just an estimate or mechanism of extracting wealth from work done by others, attracting and enabling parasitism is one of the biggest perverse incentives inherent to stocks. -- source link
#economic parasites#natural selection