How Modern Stocks Became Legal Ponzi Schemes With Tan Lui

Today we are joined by Tan Lui author of The Ponzi Factor - The Simple Truth About Investment Profits. We discuss how many modern stocks do not pay out any earnings as dividends. This means share holders do not receive anything from the company. This has been done under the guise of growth as capital is reinvested into the company. But if profits are never shared with share holders. Why would an investor hold the stock? What gives it value? Is it a ponzi scheme relying on the greater fool theory? https://twitter.com/theponzifactor https://theponzifactor.com/ Thanks to our sponsorship partner FTX, you can double your discount on trading fees by using our link: https://ftx.com/#a=Nugget . With FTX you can access the best range of cryptocurrency trading products built by former wall street quant traders. Date of Recording: 17th June 2020 --- 🔔 Did you enjoy this episode? SUBSCRIBE for more! 📹 For more Resources & Content:http://nuggetsnews.com.au/ 🎙 Rather video? Tune in to our YouTube channel: https://www.youtube.com/c/nuggetsnews #️⃣ Connect with us: Twitter: https://twitter.com/NuggetsNewsAU Facebook:https://www.facebook.com/nuggetsnews LinkedIn:https://www.linkedin.com/company/nuggetsnews Instagram:https://www.instagram.com/nuggetsnewsaus/ Reddit:https://www.reddit.com/user/nugget_alex/ _________ ❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances. The viewer should always: 1. Conduct their own research, 2. Never invest more than they are willing to lose, 3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.