Mrs. Fly often ATTACKS me with wild eyed ideas that the stock market, for all intents and purposes, is a scam. Whilst there are elements of the stock market that are scammy and we all know very well indeed that pools of money commingle with one another to enact squeezes or sending stocks straight down to fucking zero and into the bankruptcy courts. However, and this is the part of finance MORONS never understand: the stock market is for raising capital and permitting companies to use the proceeds to grow.
In recent years the cunts in the VC sector have all but stolen the value in the IPO market and have left us with over priced scam stocks, the overall mechanical purpose of the market is to finance growth.
When trading we often see only letters and numbers, totally disconnected from the underlying businesses and macro environment. But if you’re a long term investooooor, you should view each holding of yours as a stake in a business and ask yourself if that business is one you would want to either work at or have a stake in for the long term. If you really liked Apple when they just released the iPhone and treated the stock as if you worked there, buying it every month in a dollar cost averaging scheme, you’re rich today.
The same rule applies to many consumer facing brands and if you like something — I say invest in it.
This piece of shit website has recently become a denizen for doom, war chat, and a black pilled approach to life in general. It’s all very bad for the soul and spirit, so I figured I’d mix it up a bit with some sideways optimism.
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