You've been influenced by a myth. I've many many times read exactly what you say, in my first years of investing I had the same opinion... but now.. many years later... I just asked you a simple question, well at least you think it's too simple even to bother Ask yourself... why did I even bother write it in the first case? Well.. I'm still very excited for the prove! You are hereby given another chance to explain you opinion
the guy who sold to you at $1 and bought it back at $5.10 yes, I know you can create a million scenarios of people making profits on either end, but you are just increasing the loss of the last hypothetical person you have not accounted for. this is how it works. If you want to think you are not taking someone elses money and doing gods work, go work for Goldman Sachs.
that doesnt make any sense. While yes, that is a viable scenario, my point was it isnt black and white..