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Thread: Value Added to Society by Idle Shareholders and Landlords

  1. #16
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    Your face is a public good

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    Spanish_Vicente sledger's Avatar
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    Quote Originally Posted by Daemon View Post
    Your face is a public good
    Yours is neither public nor good

  3. #18
    International Coach ankitj's Avatar
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    It's fitting that a banker should start this thread.
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    Spanish_Vicente sledger's Avatar
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    Quote Originally Posted by ankitj View Post
    It's fitting that a banker should start this thread.
    Unfortunate typo in this post.

    harsh.ag, Daemon, Furball and 4 others like this.


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    Quote Originally Posted by the big bambino View Post
    Yeah indeed. Its the same reason why we should despise customers. I mean when weldone buys a car what the **** did he ever do to build the company or product?
    except I don't get rewarded for buying a car lol
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  6. #21
    Global Moderator harsh.ag's Avatar
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    Quote Originally Posted by weldone View Post
    except I don't get rewarded for buying a car lol
    That's because you're not taking a risk.
    ~ Do you think I care for you so little that betraying me would make a difference ~

  7. #22
    Global Moderator Prince EWS's Avatar
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    Quote Originally Posted by sledger View Post
    Yours is neither public nor good
    Quote Originally Posted by sledger View Post
    Unfortunate typo in this post.



    I genuinely lol'd both times. Good from you.
    sledger and vcs like this.
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  8. #23
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    This thread just made me remember jim sterlings last quality rants about bobby kotick and the games industry
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    Quote Originally Posted by ankitj View Post
    It's fitting that a banker should start this thread.
    Indeed. It's amusing to see joe people lecturing an Investment Banker about the importance of secondary markets haha.

    People are assuming here that Companies raising more capital is essentially good for the society. If that's the case then Governments should print more money and distribute to all Companies as much as they want.

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    Quote Originally Posted by harsh.ag View Post
    That's because you're not taking a risk.
    Right. So back to my earlier question - how are idle shareholders and landlords taking risk helping the society?
    Last edited by weldone; 06-03-2019 at 05:50 AM.

  11. #26
    Spanish_Vicente sledger's Avatar
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    Quote Originally Posted by Flem274* View Post
    This thread just made me remember jim sterlings last quality rants about bobby kotick and the games industry
    A fine thing to be reminded of.

    I might spend my lunch break watching these actually.

  12. #27
    International Vice-Captain the big bambino's Avatar
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    Quote Originally Posted by weldone View Post
    except I don't get rewarded for buying a car lol
    Neither does the person buying accommodation from their landlord ... Look, If someone's paying for a service or product they've placed a value on its provision.

  13. #28
    Spanish_Vicente sledger's Avatar
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    RE: Landlords the risk is actually pretty severe.

    A tenant could default on the rent or absolutely trash the property.

    In either case, it's massively aggravating and complicated to get the tenant out. People assume that a following non-payment of rent, or the tenancy coming to an end, a landlord can just go round and evict a tenant. In theory this is possible, but in reality if the tenant says "nah, gagf", there is actually very little a landlord can do other than go through the process of applying to have the tenant forcibly evicted.

    This process will likely last months and be very expensive (all the while the landlord is missing out on the rent that would have otherwise be paid for that period). And then once the property is actually vacated it may, as alluded to above, not be in a habitable state, thereby further expenses will be accrued.

    This is the position under UK law anyway, not sure what it is like elsewhere.
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  14. #29
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    Quote Originally Posted by weldone View Post
    Most shareholders participating in the secondary market absolutely don't help the company raise capital.
    Could you explain this statement weldone?

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    Quote Originally Posted by the big bambino View Post
    Neither does the person buying accommodation from their landlord ... Look, If someone's paying for a service or product they've placed a value on its provision.
    Not sure what is the point you're trying to make. By 'landlord' I am referring to people who own multiple properties and rent out most of those. How are people being allowed to own properties that they don't intend to use helping the society in any way?

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