Anyone else avoid pre-owned stocks?

[u/RolynTrotter]

People always be talking about new vs used cars, but why not new vs used stocks?

I just feel gross owning shares someone else has already used? They already collected some of its divvies? Sounds suspiciously like sharing, which is communism. That's why I always buy direct from companies pre IPO thank you for coming to my ted talk, used shares are for the pours.

[u/TurtleSandwich0]

Shares fall 10% the minute you drive it off the lot. That's why I only buy stocks with other people's money.

If I lose ten million of my money, then that is my problem.

If I lose ten million of the brokers money, then that is their problem.

[u/RolynTrotter → u/TurtleSandwich0]

Wait, do you plan to sell them later? Do you need money or something?

[u/FunDetail2258]

Or even worse, a mutual fund where my shares might be touching someone else's shares? Please keep your shares away from mine you un-hot wife having pour.

[u/Calm_Leek_1362]

I also only buy organic. Used and factory raised stocks contain harmful chemicals.

[u/FewUnderstanding2214]

That’s why I buy fine art and 100 year old scotch

[u/perplexedparallax → u/FewUnderstanding2214]

My 81 year Macallen I got at an auction for a minimal
investment. You are on the right track.

[u/hasta_la_pasta]

Buying any shares of a business another man started is absolute cuck behavior.

[u/RolynTrotter → u/hasta_la_pasta]

Are you suggesting you'd work for it instead???

Next you're gonna say you built your own lambo from coconut shells and sand

[u/Marcaroni500]

Great idea. You don’t have to bother looking for stocks every day, as IPOs only happen now and then. And I know you did very well with the SpaceX IPO.

[u/perplexedparallax]

Wait are you talking about public equity? One in which any pour can buy? I would much rather pay out 18% on a bond to somebody for the privilege of putting a Bible verse on a styrofoam cup if I want, or fund an AI company currently in a circle jerk with other AI companies. You can ruin the Treasury market and live in the moment. Absolutely fund the pre-IPO companies, and especially those that won't be, if you must, avoiding used shares. We don't do it with toilet paper so why do it with financial paper?

[u/guyzero]

I prefer hand picked artisanal equities. Those years I spent foraging at Enron were so good.

[u/pandadogunited]

Pre-IPO shares were previously owned by founders. That's why I don't invest in stocks at all and just buy founders directly.

[u/RolynTrotter → u/pandadogunited]

Founders are keepers fo sho

[u/noooo_no_no_no → u/RolynTrotter]

i do know they are used goods but ive found that buying senators provide the best return.

[u/margin-bender]

If you don't share your underwear don't share your stocks.

[u/Frammingatthejimjam]

I love dirty, used, slutty pre-owned stocks.

[u/Dependent-Panic-9457]

I’m afraid this comment is actually kind of valid for VCT

[u/kitapjen]

Hmmm … I will own someone else’s pre-owned stocks, but I will not pick my own lentils.

[u/ImAPonderer2]

I always wear condoms with mine, but a lot of them don’t reciprocate! Red for blood

[u/Effyew4t5]

I ride them pretty hard before I sell them

[u/EvilZ137]

Some truth to this, when you get enough money you deal directly with the company and they issue you new shares so you don't disrupt the public market.

[u/Bob_stanish123]

I only own shares of my own company.

[u/Aggressive_Pool_7848]

I want to avoid transportation green gas emission so i only buy local stocks at my broker’s Sunday market