Because it's making me 160% of the money I put into it.
There's nothing to 'believe' in. The money is an objective reality. Whether I 'believe' in it is irrelevent.
Just as I tell leftist snowflakes 'facts don't care about your feelings', I understand that the stock market doesn't care about mine either.
you must believe that the company is a good investment for some reason, surely?
It's a computer game will millions of users, most of whom are minors. It's also a game engine with an in-house economy. Arguably, it's a metaverse, and one that's already established with a massive and youthful userbase.
That's a very young audience of people growing up with knowledge and interest in its content ecosystem. A young audience means future potential.
When it went public, I had absolutely no doubt in my mind that it would go up. And it did.
I invested because I believe I'll profit from it. I have no other consideration. My capitalism is unethical and I do not care.
I own Roblox stock, doesn't mean I like Roblox or think it's anything other than a shitty videogame that exploits child labour.
This comment makes me wish I could own Epic stock, rather than Tencent ADR bullshit.
Why do you own a stock you don't believe in?
Because it's making me 160% of the money I put into it. There's nothing to 'believe' in. The money is an objective reality. Whether I 'believe' in it is irrelevent.
Just as I tell leftist snowflakes 'facts don't care about your feelings', I understand that the stock market doesn't care about mine either.
Well, you must believe that the company is a good investment for some reason, surely?
Or do you just take a shot at every big IPO?
It's a computer game will millions of users, most of whom are minors. It's also a game engine with an in-house economy. Arguably, it's a metaverse, and one that's already established with a massive and youthful userbase. That's a very young audience of people growing up with knowledge and interest in its content ecosystem. A young audience means future potential.
When it went public, I had absolutely no doubt in my mind that it would go up. And it did.
I invested because I believe I'll profit from it. I have no other consideration. My capitalism is unethical and I do not care.