Quote:
Originally Posted by DoubleK
Looking for an angle to profit off of a crisis is a line I'm not willing to cross.
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Ignoring the very valid point that stock sales are how public companies raise capital in the first place, think about what you're saying; you are not willing to profit off of the misfortune of others.
What do you think the stock market is? If you are making money, it is because someone else is losing it. The market isn't a cash printer, it's the exchange of assets between buyers and sellers. Whether the market is going up or going down, there are people making
and losing money. That is what the market is. People who were bearish on the market got destroyed over the past decade; people lost and made money. The market now going down like it was dropped out of an aircraft is erasing people's gains who held for too long, while others are now profiting on the downward direction of the market.
No matter the market's direction, no matter the external factors that control the direction of the market: if you are in the market to make money, you are relying on the misfortunes of others in some way. The fact that there is a crisis going on is simply an outside variable affecting the price direction of assets in the market.