Timcast: Youtube Gets Woke Goes Broke Loses 70 BILLION DOLLARS!!!

[EricHiggin]

Ka-pi96 said:

EricHiggin said:

If the company goes bankrupt your stocks are worthless, so how does that make them yours? Google (Alphabet) doesn't pay dividends. How many people do you know, including yourself, knew or even had a hunch that GM would fail and require a bailout?

You may 'lose' money if you don't win, but it's other people's 'invested' money. If you win the election, which is the point, like making money on a stock, you then get what you paid for, and likely your 'investors' end up seeing a return as time goes on during your administration. You also gain many things to help you win again if you wish to run for a second term.

Still think it makes no sense at all?

Even if a company goes bankrupt your stocks are still worth something. Firstly, businesses can recover from bankruptcy, it's not just the end. Secondly another company could buy out the bankrupt company in which case you'd still be getting something for your shares, and in the case of alphabet there probably isn't a scenario where they go bankrupt and nobody wants to buy them out. Actually there's not really much chance of a scenario where they go bankrupt in the first place.

Even if you win an election you still lose money. You'll have less money than you had before, that means you lost money. Possibly gaining something else instead doesn't change the fact that you lost money.

And yes, it still makes absolutely no sense. It's an atrocious comparison.

The stocks could potentially be worth something, maybe, if a bunch of other things fall into place, which wasn't planned for or anticipated by anyone when the stock was purchased, or they wouldn't bother purchasing in the first place. Your starting to get into what if territory, and there's a million different what if's that can be used for or against you, so that's not really a path I think is worthy of going down. Chance is just that, chance. Nothing is certain, over time.

If you buy stock you 'lose' money. It doesn't matter if you gain anything down the road, because that money that's invested in the stock, can't be used for any other purpose during it's investment. It's just sitting there in the aether being useless until you potentially get what you want out of of it, profit. If you win the election, you get what you wanted out of the 'investment'. If you win or lose the election, you can go on to write books or give speeches, or still hold a political position, making yourself millions upon millions down the road.