The Ponzi Factor PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Ponzi Factor PDF full book. Access full book title The Ponzi Factor by Tan Liu. Download full books in PDF and EPUB format.

The Ponzi Factor

The Ponzi Factor PDF Author: Tan Liu
Publisher: Ponzi Factor
ISBN: 9781976949951
Category : Business & Economics
Languages : en
Pages : 170

Book Description
One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything. The belief is, stocks represent value in a company. The truth is, stocks are Ponzi assets because investors’ profits are dependent on the inflow of money from new investors and no one is obligated to pay the shareholders anything. This is not just another story that will disappear after another bubble bursts. It is an idea that will remain relevant for as long as the stock market exists.