>> This is not obvious to me.
>
> Which bit?
The bit where a piece of paper has value because the company who's name
is printed on it has value.
>> Now you're talking. You mean to say that you can make money simply by
>> owning a share? (As opposed to trading it.)
>
> Yes.
Right. So a share has value because you can earn money from it. And the
value varies according to how profitable the company is because that
money comes from the company's profits.
Post a reply to this message
|