What the fuck is Wall Street?
A bunch of assholes selling nothing to people with more risk than a scumbag fucking casino all backed on nothing and designed to lock people into a cycle of selling off nothing on the whim of a market the bounces back and forth more times than a metronome.
How did these fuckers get rich off this shit? How was it even allowed in the first place?
It's all a big nothing.
You're either in the club, or you ain't
These irl Patrick Bateman's have life on easy mode thanks to their privileged educations and family connections
>What the fuck is Wall Street?
>A bunch of assholes selling nothing to people with more risk than a scumbag fucking casino all backed on nothing and designed to lock people into a cycle of selling off nothing on the whim of a market the bounces back and forth more times than a metronome.
>How did these fuckers get rich off this shit? How was it even allowed in the first place?
Arguably, stocks are more tangible than money; you're acquiring the rights to a portion of a company's future profits. This concept would still work if we had a barter economy.
If you want to go after someone in finance, start with the bankers, who literally create money out of thin air based on people's livelihoods--
like mortgages and life insurance policies. ((((Their interests)))) are the ones who fuck things up for everyone.
>like mortgages and life insurance policies
You can literally buy contracts on whether someone will or won't die by year end or if someone will be able to pay their mortgage. This creates monetary incentive to ensure you're right, which is a huge ethical dilemma.
>stocks are more tangible than money
>rights to a portion of money that doesn't exist yet
I know it's nepotistic as fuck, let's face it every lucrative industry is, but it's such a ridiculous thing when you boil it down to thing.
>Company needs to raise more capital
>"fuck producing!"
>Issue stocks
>Bunch of salesman calling themselves brokers push these stocks in the same manner a fucking telemarketer does yet for some reason one job is prestigious
>People with more money than sense buy up a minuscule stake in said companies
>Their money increases or drops at the whims of a fucking news headline
I can't believe so much money is generated off nothing. You can't even call it liquid capital, it's vapour capital. Literally fumes that somehow make money.
I'm a rookie for a small finance firm based out of the God Emperors building on Wall. I work for people who make a shitload of money every month but are actually total bros to a person like me, a broke asshole from a poor family.
They're not psychos, they definitely party hard but they're not bad people, in my firm anyway
Since the dawn of time, there has been a "rate of exchange". The term "Stock Market" refers to the lowly beginnings of our civilisation - when farmers would buy and sell their livestock through barter. What we see is only the logical conclusion of this in an information age. My only gripe with them is that in my country, they are able to pay virtually no taxes. I am not saying I would tax them to high heaven like a rabid socialist type, but I think they should pay their fair share, like the rest of the population.
If you want to go after stocks though, then the (((major))) hedge funds and (((major))) investment banks create bots and algorithms that trade stocks far faster than a human can and will beat an average Joe investor every time. Around 75% of trades are non-human trades now, which means that the market is largely based on algorithms. If these algorithms ever fail, then we may see a crash unlike any we've ever seen.
>they're not bad people because they're nice to me
Having read Zerohedge for years, it turns out that the ridiculous caricature of complexity in the stock marketis all one big Jewish trick. It's not random - there are a few Bergs and Steins in on every market move before it happens.
>which is a huge ethical dilemma.
It's not a dilemma. Just make it illegal.
There should be speculation tax.
en.wikipedia.org
look deeper
This. They just know the right Shlomo.
They bring in total retards and teach them how to not be fucking losers, and how to make money. I could get you a job there easily you Union Jack faggot
its a casino where the rich guys always win and the poor ones always lose.
You have to think of it in non-money terms.
a) (((Merchant A))) sells you shares 10% of excess that he receives in trades for your 3 oranges.
b) (((Merchant A))) now has 10 oranges.
c) Merchant B buys the 10 oranges for 30 apples
d) You receive 3 apples
e) Merchant C buys 27 apples for 500 grapes
f) You receive 50 grapes
Etc... you're a part-owner of a venture that can either get or produce things with a stock, which is arguably more tangibly useful than money itself.
> who are the money changers
>If these algorithms ever fail, then we may see a crash unlike any we've ever seen.
Fucking hell, hackers. Up your game. These should be the targets to end all targets.
> selling nothing to people
selling stocks that return 100%+ over as little as one year. we've been in a bull market for over 8 years. niggers are rich because they help us get rich. if you don't play along because you're jealous then it's your own damn fault.
do they have a stock market in australia?
>> This creates monetary incentive to ensure you're right
That's called business. The bank wins when you live long and pay your mortgage off. They want that outcome.There is no ethical dilemma.
Did you even read what he fucking wrote?
Look at that Jordan Belfort scumbag, started a firm with a bunch of dropkicks and degenerates and dressed these apes up in Armani and had them rehearsed enough to not sound like retards and people handed over fucking billions to them.
S&P long run return on investment is 7% after inflation. You don't have to engage in rampant speculation to make money off stocks (but it can help).
simply put. It's calling $1.00 worth of something $1.01.
however no value has been added. that 0.01c is artificial. now do this billions of times a day and base the whole global economy on it,
THIS! they are everywhere now. We need more whips?
>do they have a stock market in australia?
They do but you'd be insane to invest in it when our economy is built off of commodities and mining and the China boom has subsided. If you had invested in the same companies 5-10 years ago and sold off before the drop you'd be laughing.
They're rock bottom now but who would go near them when there's no turnaround in sight?
Good input
Actually the bank would rather you never pay a mortgage off, since then rather than government they take a cut of the sale.
Here's your input: Taking a course on reading comprehension.
It shows the monetary system for what it really is. You either have the keys to the vault or you don't. The free market means you have a small chance of making a decent income, providing you slave and pay taxes for 40+ years. But even then, its fucking peanuts to what stockbrokers and (((they))) earn. They must piss themselves laughing when some senior manager brags about his 100k salary, chickenfeed to these guys when they have a license to print money
sorry to hear that mate. you are pretty isolated, not surprising that shitposts are your biggest export.
It's not tangible.
If shit hits the fan and we "wuz 1931 now" it's not like you are going to be able to walk into apple headquarters with your stock certificate and demand an equivalent amount of capitol. They would laugh in your face, tell you you're stock has been wiped out, meaning they just erased it, and then have security toss your assistance out.
You don't own a piece of the company, you just hold a cleverly crafted lottery ticket
The bank get a cut of the bankrupt's assets as means of recouping the money they would have otherwise gotten.
Their ideal scenario is getting their money via the mortgage being paid nicely and quietly, not having to go through the bullshit of bad debt and asset claims.
Don't put your money in stocks. Invest in small locally owned businesses if you don't like Wall Street or corporations.
investors are all welfare NEETS
in general investors are speculators that survive on the work of others
the only skill elites/billionaires have are being charlatans and speculators of others people's work and efforts.
they bet if you succeed or fail in producing something.
I feel like anyone who disliked business and corporations wouldn't even consider investing in the first place. Investing on those small, local businesses is definitely a lot riskier than established ones.
Am I the only one who's heard Wall Street referred to as "The Jewish Casino" before?
you live in a penal colony you wouldn't understand
That's probably the most apt nickname I've ever heard.
poor dumb fags can't figure out how the stock market works, blames it on jews.
Kek at uneducated retards not understanding finance in the slightest
yeah because you have to be a jew to own a share of a publically held company. this is why you'r ebroke, this is why you're broke
>gambling on percieved value of some pleb's product
speculators are the middle men that are behind unaffordibility and destruction of society
Did any of the axis have anything like a stock market? Obviously the commies didnt,, I'm just curious if there is another way.
Or preferably an earlier former of capitalism where the stock market was insignifigant.
Well it's up to people who want to invest their money to invest NOT only in things that are money generators, but in WHAT IS RIGHT FOR ALL, everything is connected
Okay explain this to me like I'm a two year old because there's an element to this that I cannot get through my thick head.
Reminder that Wolf of Wall Street is one of the most red-pilled movies in recent memory.
You realize those assholes of which you speak are part of your tribe right? Maybe YOU are sick of there shit, just seems suspicious.
I'll buy 2000 nothings. How much is it please?
>not heard of a ponzi scheme
madoff is the stock market in a nutshell
None of us need a reminder on that.
It and Big Short are essential watching for any Sup Forumslack.
i made my 10G in the stock market this year while in school (not working) so that was kinda nice.
That'll be 4000 hard currency, goy. Don't worry you're 2000 nothings will surely be worth 8000 nothings one day.
the stock market was started by anglos. the jews like soros only learned of hedge funds from white fags
Glad to see some redpilled folks in this thread. Now you all understand why the ponzi scheme that is capitalism is all going to come crashing down. The 'economy' isn't real, and hasn't been for some time. It's a bunch of Ivy league educated elitist faggots who think they understand the 'economy' when there is nothing to understand. It's all just based on faith and tricks.
Western civilization is going to find out first hand what happens when you put your faith in false idols, and the dollar has been our idol for well over a century. Fuck being a Christian nation, we are nothing of the sort. We are a bunch of greedy materialistic monkeys, and nothing will satisfy our thirst. We always want the next latest and greatest, but what is the price?
The price is everything. We will suck every last drop of cheap oil out of the ground, mine every mineral there is to find, cut down every last god damn tree and hook every last fish, until there is nothing left. Societies reap what they sow, and we have been fooling ourselves for a long time about what is truly sustainable. Spoilers: Nothing about Western civilization is sustainable. Enjoy the decline, everyone.
Where did I say anything like that? Calm down there, buddy
Soros won't operate his hedge fund within US jurisdiction because the fucker wants to avoid the penalties he insists everyone else should face.
I can't think of a person who deserves instant death on this earth more than George Soros, and that's factoring in Africa and the Middle East.
He's just that large a scumbag and has a far more profound impact on the lives of people than those animals ever could.
Mortgages
>Credit Default Swaps
Life Insurance
>wsj.com
Banks and insurance companies can be against you paying your mortgage/living longer. I would write longer, but work. I encourage you to do your own research and travel deep down the rabbit hole, user. There's a lot of fucked up things going on in Finance.
That's true
When an entrepreneur wants to get some money to expand his business, he can either borrow money, or sell bits of his business. When he sells bits of his business, those little bits are called shares or stocks. The market in which you buy and sell little bits of businesses is called the stock market. It's essentially just the same as a fish market: it's bigger than a fish market, and more efficient, but it's the same thing, except for little bits of businesses rather than fish. It's that simple.
There is nothing inherently immoral about it, or inherently wrong, but where there is money, there is (((frauds))). You can defraud people in a number of ways. Being well connected really helps, for example. If you know a guy who works for a gold mining company, and at Shabbat dinner he lets slip that they've struck gold, then you go and buy that stock. When the company makes an official announcement that they've struck gold, then the stock price goes up a lot and you make a lot of money. This is called insider trading. There's also frontrunning: if you're a stockbroker who has just received a very large order to buy a certain stock, you first buy the stock with your own money, and then place the very large order for your client. The large order increases the demand for that stock, which pushes the price up. Then you sell, having made a tidy profit. There's lots of little tricks like this, and not all of them are totally illegal.
tl;dr: The stock market is necessary and not inherently evil, but kikes use their nepotism to fuck goys over in the stockmarket just like in everything else.
t. stockbroker.
There are many things that happen in the financial services industry
Make business loans, buy and sell bonds
Stock IPOs, buy and sell stocks
Invest in privately owned businesses, buy and sell those businesses (Investment bankers are basically real estate agents but for businesses instead of houses)
Run transactions and money transfer services for businesses
Offer consumer financial products like checking / savings accounts
Offer consumer credit such as credit cards, mortgages, auto loans
You could just say "it's nothing but jewry and it should be banned" but if you had started a small business from the ground up, built it for 40 years and wanted to retire and wanted to find a buyer, you would change your mind pretty quickly about making it illegal for anyone to be in business of helping you. And I hope you at least understand that e.g. debit cards with a reliable and fast international transactions network are pretty convenient and nice to have.
You can't say you're in favor of free markets without being in favor of a free financial system.
Thanks for the heads up user, although I know of those things already.
What I mean is that those instruments are of no real interest to financial institutions because their current model already earns the most money.
>it's not like you are going to be able to walk into apple headquarters with your stock certificate and demand an equivalent amount of capitol. They would laugh in your face, tell you you're stock has been wiped out, meaning they just erased it, and then have security toss your assistance out.
That's not how preferred stock works, user, which was what I was trying to explain.
I think some of you guys are too caught up on finance being (((their))) game and basically ensuring it stays (((their))) game through non-participation.
Red pill yourself as much as possible on finance. It's one of the ways we'll be able to fight back and break (((their))) isolated circles of wealth.
After 2 years of learning how finance works (the technicals behind it, the economic forces that drive it, following market conditions and seeing how news drives a share price), I more make more than half of my yearly income in the stock market alone.
The stock market is nothing more than a smoke and mirrors system used to launder money and get rich off of insider trading.
Their days are numbered.
Jesus had no problem with money changers, he just didn't want them plying their trade in the temple. "Render unto Caesar..." and all that. He was just enforcing a very early version of the Separation of Church and State.
whats it mean when a company buys back stocks? i've heard it used in negative terms
>she wont move no matter what
>rip open her stockings on the bottom
>sit down and give yourself a footjob with her feet
>walk away and go have lunch
In my opinion, it wouldn't be a problem if it didn't harm people's lives. What happens is that companies pursue short sited business decisions to pump their stock up and cannibalize the company until nothing exists all to provide profit to stock holders.
This happened with G.E when they got into finance themselves and sold off/laid off large parts of their high technology divisions.
It's virtually stylistic wording for fighting off a takeover bid from a rival company or investor.
Hey man im 18 and interested in finance, I know you won't disclose the firm, but can you give me some insights into what job you do an dhow you landed it?
they use their profit to buy back shares of their own stock to boost the price (as opposed to using it to develop new products, issue dividends, etc).
It's sort of like issuing a dividend because your shareholders benefit, except you also get the option to sell the shares back later.
At this point? Honestly they're just picking each others' pockets. It's a game of musical chairs and the last one standing then fucks off and dies.
And compared to what goes on now? He was an honest man. It's all rigged.
>wahhhhh people are making money vote bernie so we can steal from them GIBS ME DAT
They create liquidity which is more valuable than anything you'll ever make
They create the illusion of liquidity. To create liquidity requires actual work. And let's face it, work sucks...
some of you should take an accounting 101 class before blaiming DUH JEWZ on everything
Reminder working Wall Street is the most redpilled job there is
>liberals hate you for just existing
>get paid by Mr. Shekelstein himself
>le epic American Psycho memes is your life
They make prices efficient and therefore products good. Without them we'd be driving pinto tiered cars and running Dells.
That said, they should have all been wiped out and had to rebuild in 2008. Bailouts cause exploitation and inefficiency.
its bluepilled as fuck
Its degeneracy in its purest, and most destructive form.
thats why everyone wants to do it.
The amount of shekel shill defensive posting in the last half hour is pathetic.
Someone read "Flash Boys"
Except when the market crashes and the rich kill themselves by jumping off their high towers.
>Sup Forumstards will blame the jews on their credit card debt
>Sup Forumstards won't understand the value of money and debt markets and blame it on the jews
why am I not surprised
Stocks are like buying a partnership, but shrunk to a micro scale. You get a vote on isues in the company and you get a cut of profits (dividends). Any company who doesn't pay dividends doesn't have real stock.
OP is just salty he lost money on the stock market.
No one is "forcing" people to buy individual stocks in companies.
Do you think it's scary when the Stock broker shows up at your house and puts a gun to your head and forces you to buy stock without doing any market research or reading any prospectus?
Man, I'd be shitting my pants...
Except when taxpayer funded bailouts happen...
BOOM ROASTED
Implying all that taxpayer money went into 1 individual company's stock.
I'm not for bailouts but technically it was a diversified investment.
what? yes this happened in the US
Help me out bro. How can I get a job at one of these firms? I would love to do this line of work. I'm a great speaker honestly and not autistic at all. I'm mostly one of those niggers who is good at talking but I'm not actually all that smart I can just sound smart
Help me out, how did you get the job? I come from a middle class family
Bingo.
WHAT THE FUCK GUYS I LOVE SOCIALISM AND BEING A STATIST KEK NOW
capitalism is based on growth and is unstable, value is constantly made and unmade, this is the reason why speculation exists
on what timeline bro? capitalism has produced a longer, thicker, more prosperous world for about 300 years now
While half the population believes in leftism.
Capitalism doesn't makes the world work, it works despise of it.