this post was submitted on 01 Feb 2025
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I got into an argument tonight with someone. They tried to argue against my comment. "The entirety of the stock market is speculation". They didn't get very far.
I was trying to explain exactly this to them. The market is irrational and wrong.
@SatanClaus @SnotFlickerman
There's a big hand in all capital markets.
All the wealth in the world is in the hands of a few people
When investing in stocks, we tend to focus on the interest returns, but the big capitalists focus on our capital.