What's Stock, Really? (was Damage caused by options and derivatives)

Doug Henwood dhenwood at panix.com
Thu Apr 26 12:17:59 PDT 2001


John K. Taber wrote:


>The Left (what's left of it) tells me I was wrong to use stocks
>for savings.

Not this left. I realize that people have to live in the actually existing world, not the utopia that exists in our heads, if there. I just want people to be clear on what stocks are and where profit comes from.

Doug



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