What we need to show is that many more (the vast majority) make little to nothing from the reality of money. Remember, there are billions of persons on the planet. Those with accumulations greater than 6 figures (using current US bucks) is in the millions, and, even if these might be in the 100s of millions (which they are not), it is still a small percentage.
So, what to do? Well, finance, and its gaming, are only one piece of our bailiwick. And, we are interested due to misuse of mathematics and computation. Of course, it is our duty to show wherewith we speak. Want to follow? Stick around longer than a few minutes or even months.
The data (comes from a firm who shares it wherewithal who reported recently - seen on the web on 01/07/2015).
|Keurig Green Mountain (GMCR)||1,507||2009|
|Intuitive Surgical (ISRG)||1,072||2005|
|Vertex Pharmaceuticals (VRTX)||1,025||2005|
|Chipotle Mexican Grill (CMG)||995||2007|
|Tesla Motors (TSLA)||678||2011|
|BofI Holding (BOFI)||203||2012|
|Trex Company (TREX)||211||2012|
Several things are obvious. Holding long can (not necessarily, that is the trick) make someone money. Warren, and others, showed that. Too, the longer, the higher the increase. The problem, though, is that one huge factor in the retrieval is price at sale. Selling can lower price, for one thing. Too, trying to time so as to get your "gains" is another (brains all the way back to Bohr and before have told us that).
But, there are several things to discuss here. Arguing that liquidity requires playing game with people trying to invest is way off the mark, ethically and a lot of other ways. Arguable? Not if one really cares about a sustainable economy.
Remarks: Modified: 01/15/2015
01/09/2015 -- Dow Jones: 33% of companies claim to have lost business to unethical competitors. Goes along with the chimera coming from charades (intentional and otherwise).
01/14/2015 -- Chimera and charade? One example.
01/15/2015 -- At last, a series that will establish the basis and extensions, as required. We are going to go back to some simple and come forward to the modern, complicated economy. Why? My long chain of ancestors (inherited via Prof. Lucio Arteaga) is one motivation.