On Wednesday, August 14, 2019 at 8:34:01 AM UTC-7, Tom Kunich wrote:
On Wednesday, August 14, 2019 at 6:40:02 AM UTC-7, jbeattie wrote:
On Tuesday, August 13, 2019 at 10:08:24 PM UTC-7, John B. wrote:
On Wed, 14 Aug 2019 03:50:34 -0000 (UTC), news18
wrote:

On Tue, 13 Aug 2019 08:54:02 -0700, Tom Kunich wrote:


You don't invest do you?

There are investments and investments.

If you did you'd have some idea of what the
market is doing lately.

That is not an investment, but largly gambling,


But isn't the stock market essentially you, the share holder, betting
your money that the company would make a profit?

It's more like betting that the stock price will rise or fall unrelated to the book value of a company or its earnings/balance sheet. We know this from the dot-com bust. https://investor.uber.com/news-event...s/default.aspx Gee, just a $5.2 billion loss. Buy Uber!

-- Jay Beattie.

Jay, investing in an unknown commodity is indeed a bet. Indeed that was the dot-com bust. Why would people invest in companies whose product is information when you don't know what that information is worth?

Are you suggesting that the Chinese have purchased Smithfield Foods, Motorola and GE as a BET?

And you're a market expert? Buying a company or controlling interest in a company is not the same as an OTC stock purchase. Chinese buy companies to acquire IP or a stable source of inputs or access to markets. The Chinese are a huge consumer of pork, but their pork infrastructure is rudimentary and basically a bunch of back-yard farmers. They do not have factory pig farms on the US scale, and buying pigs on the world market involves risks of many kinds, including disease. So to ensure a stable supply of disease-free pigs, you buy Smithfield. You buy Motorola for the IP and to get access to US phone markets. Same goes with buying GE's appliance unit. Its about access to markets. They are not just playing the stock market. The Chinese are buying up America to get its markets and resources. Be afraid! It's like the aliens in Independence Day!

-- Jay Beattie.