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Joined 3 years ago
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Cake day: October 15th, 2023

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  • Exactly. Stocks weren’t meant to be traded as a way to make money. They were meant to represent ownership in a company that payed out dividends.

    But then finance bros being finance bros, figured out they could gamble against a stock’s value and potentially make even more money.

    Then it became normalized.

    At least there are rules now and some oversite. It used to be a literal secret group of men, in a room, deciding value and who gets what.