Hacker News new | past | comments | ask | show | jobs | submit login

When tied to fundamental underlying assets, investing creates liquidity and capitalizes businesses over the long-term. In its current form, Wall Street "investing" is more like high-stakes short-term gambling. Somehow we got to the point where banks were so leveraged that a single incorrect "investment" nearly resulted in the collapse of our financial system. Is that sort of "investing" creating real value?



Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: