Message from @AKAlexei
Discord ID: 625454664808267796
well they also didn't invest early enough
returns would have been higher if they had
Why would I, your average American, spend money on an intangible item that may or may not maintain its value rather than something I need
Good god that's retarded.
Consumerism
That's why
because that's how you accumulate wealth LOL
their money would be worth x1794 what it was at IPO if they had invested THEN
even MORE if they had before ipo
Riiiiiiight. I'm sure that's comforting to people like Konot and I that dont have that ability
What do you define as investing in the company? Because I think the true definition of investing in a company is the work you put into it. Your sweat, blood, and tears. I own stocks in gold mines but I don't consider myself to have "invested" in those mines because I don't work the mines
Personal opinion here but wealth shouldn't be measured by monetary gain
yes you do, that's what IPO is
Thinking like that is why the poor stay poor and the rich stay rich
Should be based on land, and the things you have
Technically it is
man we should have a debate channel
@Hellhound6 we had that kind of wealth system at one point
@AKAlexei I think that's a semantics argument, I consider investing as giving money to the company through stock or % ownership
I kn9w
Semantics
Autism
Basically "if you cant afford to invest it sucks to be you stay poor"
I see we are having an in depth discussion on economics
@Foxhound do you have more than $1 in your bank?
why don't you invest it?
get a robinhood
do research into emerging companies, and invest in them
I mean invest in certain guns and armor
Just sayib
oof
feel free to do that, but be careful lol
You were saying?
Like stocks
LOL
damn son
But what should take place instead is that people need to start finding ways to create worker owned businesses with councils that help to ensure that the employees actually control their working environments. Bureaucracy and some "hierarchy" is necessary due to specialization (like if there's one dude who knows about company insurance policies he should be the one to tend to that), but for the most part, people should have control over their workplace. I don't believe in seizing the means because it historically fails, but I do believe it needs to grow organically
nothing stops you from doing that right now you know
excuse me, very little does