rojo on Nostr: Using publicly traded stocks as a way to store wealth doesn’t totally make sense to ...

Using publicly traded stocks as a way to store wealth doesn’t totally make sense to me. Hear me out. A company posts earnings. People will bid to buy or sell the stock based on performance. The trading of these shares does absolutely nothing to the bottom line of the company. The company can only use the stock price to sell shares in order to raise capital or buy shares back to increase stock price and pump C-Suite bags. Buy stocks sounds a lot like trading altcoins.