Why is /biz/ tolerated?

/biz/ is perhaps the most degenerate board on Sup Forums. Even /lgbt/ has a Sup Forums faction.

/biz/fags constantly trade tips on stock and options trades, thinking in terms of "longing and shorting." This is the most contemptible sort of business practice because it contributes NOTHING to the society.

They fantasize about riches not for the sake of improving their country, or even their families, but to pursue vain comforts and soft living.

When He called for purification, did Germany let swine like this continue their aristocratic ways?

Fuck /biz/, and fuck /biz/tards.

>breeder cuck thinks his oppinions matter

lmao now go to work you little slave, else your girl will leave you for a better dick and is entitled to all your property.

Do you all see what I mean? You all complain about reddit fags shitting up the board, but the /biz/ virus is what has really dragged the discourse level of Sup Forums down to shit.

>longing and shorting." This is the most contemptible sort of business practice because it contributes NOTHING to the society.
Shorting is basically gambling. However, "longing" is simply investing in stocks. That is by definition contributing to the economy.
Personal betterment is the backbone of capitalism. It works because we all want to make more money. Don't be fucking retarded

When someone uses "longing" as a word in finance, they are 99% of the time referring to the practice of buying a stock with the hopes of short term profit from flipping it when the price per share raises.

>However, "longing" is simply investing in stocks. That is by definition contributing to the economy.

When you buy stocks on the secondary market the company does not get any more money to work with. You are not helping the company do more research & development or fund its operations. It is not a meaningful contribution to the economy.

Not exactly true. Companies use stock buybacks as a tool. Also stock price is a direct reflection on the company when trying to finance new projects. I.e. a higher stock price equals more projects.

It's stI'll pushing up the stock value, bettering the company. Plus short term investors pay capital gains tax. Your thread is as dumb as you are

why are Communists allowed to spew their drivel anywhere in the West?

You should be on a watchlist and any time you speak of muh socialists paradise you should be hit with a predator drone strike

Fuck off.

ITT: OP has no idea what finance is
Without bankers and financial managers the economy would be nonexistent

Alright, I see now, you are obviously from /biz/. That explains why you are so good at burning down strawmen. Go back and read my last comment.

Not a communist, friend. I think capitalism is a good system. I don't think that day trading is a noble enterprise though. I think that drugs should be legal, doesn't mean I think that heroin junkies should be allowed to push their lifestyle the same way that /biz/ does. Maybe Sup Forums should have a /fix/ board.

To clarify, I don't begrude those who profit from actual long term holding of public stocks or private equity. It is the "I'm-going-to-make-money-by-profiting-on-market-fluctuations-from-my-computer-hey-user-what-is-your-favorite-ayn-rand-novel?" philosophy that /biz/ pushes that is so abhorrent.

>BTFO from /biz/ so hard he had to take it to Sup Forums
You're booty bothered, m8.

/biz/ for the most part just tells each other lies about stocks in an effort to push out competition

well sorry that you're a financially illiterate autist.

It's actually a good vector to ruin the fortunes of elites and (((elites))) with misinformation. Both do comb sites like this for insights too.

All you need is to plant seeds that will ruin fortunes (especially (((theirs))) ) and you can contribute to retaking control.

you obviously know nothing about economics to be spewing this shit, now go the fuck back to /r/socialism you fucking marxist faggot

...

I don't go there but it seems based to me. Sounds like you're just a poorfag who can't into money and so you take the pinko faggot route.

>implying /biz/ anything but "how do i make ez money online without working" or tards losing money over robinhood

/biz/ was simply a containment board for Sup Forums after 9000 shills coins were taking about half the board at one point.

this

/biz/ is filled with broke ass neckbeards

>biz is the most degenerate
>forgets about qa
A U T I S M

>qa is most degenerate
>forgets about cgl
S A D T B H F A M