/biz/ - Business & Finance

Anonymous Tue Sep 1 20:50:45 2020 No.22109930 [View]
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>>22109748
I'm not one to question the deep collective well of zoomer knowledge but what exactly is the problem with "bagholding" a company that pays you nine fucking percent a year on your cost just for being a bad enough dude to own some? Is that considered bad investing now? Are billions of Africans, Chinese, Indians, and other such human detritus all going to stop industrializing and multiplying like the cockroaches they are tomorrow and blighting their respective continents with dirty and inefficient (but cheap) fossil fuel based transportation/power generation infrastructure? I'm curious about this mindset.

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