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Haha, let's you and I and everybody else start trading rocks. Whether or not the rocks have value don't matter, as long as the price of rocks continue to go up. Will you keep buying the rocks because of this upward growth? > Yes, which means you downvoted based on the fact that you disagreed with the views I expressed, not based on whether I contributed to the conversation, a violation of HN's voting guidelines. That.. is not at all what I said, which baffles me as you quoted me yourself. I said the way you presented it, not what you presented. "The OP was flat wrong, and I was flat right". Again, super aggressive. You're not even attempting to understand others anymore, as evidenced by what we said about downvoting. Plus, if you actually did read the HN guidelines, you would see something like
> When disagreeing, please reply to the argument instead of calling names. E.g. "That is an idiotic thing to say; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3." Some of your comments, not just this one, clearly violate that. If you want to have a serious discussion regarding the value of stocks in society, then message me. If not, I'll just stop replying because it's not worth my time otherwise. EDIT: I forgot to say that you're looking at transactions at the micro level. You need to look at the grand scheme of things. Why buy stocks at all? What if we took these companies histories to a decade from now? Two decades? Half a century? To infinity? Look at the theory behind what drives the market, not simply what today's market price is.
You buying stocks to sell for higher doesn't refute the theory behind the entire system. |