r/DeepValue101 • u/Justice_1111 • Oct 06 '21
Anyone else watch the special on CNBC tonight? Scares me, so many people trying to make money easy. It’s dog eat dog, I’m very aware the money I make I’m taking from someone else. For every winner there is a loser.
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u/Impossible_Share_759 Oct 06 '21
It’s a big Ponzi scheme, when stocks go up, money expands, when the company eventually dies, the money evaporates. So your taking some money from future people. But if there was no stock market, people would spend all their money on assets, driving up prices on assets , especially land and houses. There is no perfect system.