To me the stock market was started as a way for individual business owners to raise capital to make a large purchase (open a factory, etc.). Then it became a novel way to speculate on the FUTURE performance of some business. It’s become a way to make money by playing on the emotions of other investors.
To me the stock market was started as a way for individual business owners to raise capital to make a large purchase (open a factory, etc.). Then it became a novel way to speculate on the FUTURE performance of some business. It’s become a way to make money by playing on the emotions of other investors.