If you invest in my company, I build it up and sell it for more money then wealth was indeed created. You got your original investment back plus a share of the profits. The new owner is happy because they willingly bought the company. Your customers are happy, etc.
Abstract that one level to stock and the stock market. Who lost money in the above scenario? One could argue the customers did but they got fair value for their service, right? If I invest in your company via a direct paid-in-capital or by buying debentures or by buying stock it is still an investment. Hopefully the company will be worth more when I sell my ownership interest. When I sell for more than I paid, who lost? The new owner of the stock got fair value. -------------------------------------------------------------------------------- From: "James Howard via Af" <[email protected]> To: [email protected] Sent: Friday, September 19, 2014 1:56:12 PM Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ James Howard <[email protected]> wrote ]: ----------------------------------- Does anyone ever make money in the stock market without someone else losing that same amount of money? Wealth isn’t created in the stock market, it’s transferred. From: Af [mailto:[email protected]] On Behalf Of Jason McKemie via Af Sent: Friday, September 19, 2014 1:54 PM To: [email protected] Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ Jason McKemie <mailto:[email protected]%3e wrote ]: ----------------------------------- -------------------------------------------------------------------------------- Total Control Panel Login To: [email protected] From: 000001488f434aea-33a0c171-aa8b-40be-9aca-29ad8c36f3ea-000...@amazonses.com Message Score: 2 High (60): Pass My Spam Blocking Level: High Medium (75): Pass Low (90): Pass Block this sender / Block this sender enterprise-wide Block amazonses.com / Block amazonses.com enterprise-wide This message was delivered because the content filter score did not exceed your filter level.
