Comment by inigyou
20 hours ago
Equities aren't investment in industry except when there's an IPO or SPO. The rest of the time, it's zero-sum.
20 hours ago
Equities aren't investment in industry except when there's an IPO or SPO. The rest of the time, it's zero-sum.
What you just said makes no sense. How can equities come into existence except via an IPO or similar mechanism?
Equities are literally investments in business. Equity is a line in the balance sheet for every corporation.
Exactly. How can they come into existence except via an IPO or similar mechanism? At that moment, investment happens. The rest of the time, it does not. The stock market rising does not increase investment in industry. When you buy stocks at a stock exchange, you aren't investing in industry