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A comment on How to Run a Ponzi Scheme for Tech People. Parent comment

Re:How to Run a Ponzi Scheme for Tech People by friedman23 on Sunday November 29, 2020 @07:01PM (#25249322)
>If someone makes a killing, it's because someone lost it

Not true, companies can create value, that value is reflected in the stock price. The economy is not zero sum. Did all the people that got rich off of apple, google, microsoft, nvidia, etc get rich because someone else lost money?

[ Parent | on HN ]
Re:How to Run a Ponzi Scheme for Tech People by nish1500 on Sunday November 29, 2020 @07:05PM (#25249352)
Exactly! Which is why my comment talks about 'Trading' not 'Investing'.

https://www.investopedia.com/ask/answers/12/difference-inves...

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Re:How to Run a Ponzi Scheme for Tech People by rootshelled on Tuesday December 01, 2020 @07:20AM (#25264537)
Those companies got value via selling products with a margin to their customers. So, technically their customers lost money for those companies to gain money.

Not that there is anything wrong with that. Just pointing out how I think your logic is flawed.

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