Re:Challenging the myth that the rich are specially-talented...
by nickpsecurity on Sunday May 29, 2016 @01:18PM
(#11797157)
" The prices of the shares are largely based on the value of the company. "
The perceived value of the company you mean. This site regularly discusses companies that make almost nothing with huge valuations. Like with shares, once they're sold they generally benefit a few financially who play the game yet again. Very little is created in the process.
Whereas, the instances that have capitalists investing into new businesses or expansions in old ones do typically create some value for the economy. The capitalists also stand to make money, too. World of difference.
The perceived value of the company you mean. This site regularly discusses companies that make almost nothing with huge valuations. Like with shares, once they're sold they generally benefit a few financially who play the game yet again. Very little is created in the process.
Whereas, the instances that have capitalists investing into new businesses or expansions in old ones do typically create some value for the economy. The capitalists also stand to make money, too. World of difference.