Boeing's "board now leans towards moving headquarters away from its current location in Arlington, Va., and back to the Seattle area"
| Fortune https://t.co/GsW1deaWXL
@JaymesLackey @photoJDL Now, the last thing I'll ask is when you have done all your research and you come back to me and say "yep, still evil," just promise me that you'll write to the leaders of the FMC and ask them why they're breaking their own founder's words.
@JaymesLackey @photoJDL So maybe recognize the good that these things have done, and yes, weigh them with the bad.
But wholesale writing the stock market off seems very aggressive, and yes, lacking significant nuance.
@JaymesLackey @photoJDL And finally, your focus on the public market is still very interesting to me because it literally gives access to regular people the markets that used to only be available to extremely wealthy people. In many ways, it created much of middle class flourishing today.
@JaymesLackey @photoJDL Separately, technically if you own shares in a company, you have the right to vote. Activist investors can, and do, change the course of a company through these means all the time (typically you have to be a billionaire to do this, but it is possible)
@JaymesLackey @photoJDL Itโs not IPO once, done. Publicly traded entities can and do utilize their share price for a whole host of activities that allow them to create, invest in new projects, and more.
@JaymesLackey @photoJDL Iโm going pause to then take issue with your statement that businesses donโt get your money when you invest. Itโs just not that simple and thereโs a lot of nuance thatโs missed when making a blanket statement like that.
@JaymesLackey @photoJDL Okay so thereโs a lot going on here (my fault sorry) hereโs one question that Iโd like the answer to:
Where is the line between okay to invest and not okay. All Iโve got is local friends and family investing = good, stock market = bad. Thereโs a ton in between, whereโs the line?
@JaymesLackey @photoJDL But, if you do so, you run the risk of high inconsistency - because anything you do in life could be considered gambling.
Small Business, Starting a church, Driving, assuming your kids will be able to take care of you in your old ageโฆ
Are all a risk. And could be gambling.
@JaymesLackey @photoJDL And this is the point that even Brittanica was trying to make: you can take their definition and broaden it so much that it includes standard practices such as insurance and investing in the stock market.