Liu, Tan

The Ponzi Factor: The Simple Truth about Investment Profits

(No reviews yet) Write a Review
ISBN 13:
9781976949951
author:
Liu, Tan
format:
Paperback
publisher:
Independently Published
language:
English
Publication Year:
2018
Pages:
170
Dimensions:
13.2 x 1 x 20.3 centimetres (0.2
Genre:
Business, Economic Conditions, ,
Condition:
New
Availability:
Item usually sent within 7 working days
£13.65

Description

The Ponzi Factor: The Simple Truth about Investment Profits by Tan Liu is a comprehensive examination of the negative-sum nature of capital gains in the stock market. It challenges the conventional assumption that stocks are ownership instruments, instead exploring why companies like Google, Tesla and Facebook do not pay their investors. This book delves into the mechanics of how the stock market works, revealing that profits from buying and selling stocks come from other investors who are also buying and selling. The author argues that a system based on shuffling money between investors can create more value than people contribute, which is essentially how a Ponzi scheme operates. For those willing to question the status quo and understand the underlying mechanics of the stock market, this book offers valuable insights into what really drives stock prices and the nature of ownership instruments.

View AllClose