Liu, Tan
The Ponzi Factor: The Simple Truth about Investment Profits
- 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
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.