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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 139.09-0.8%Nov 21 3:59 PM EST

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To: Stitch who wrote (2841)3/15/1998 2:38:00 AM
From: LK2  Read Replies (2) of 9256
 
***Off Topic***PX, and Stitch, with all due respect, please put on your thinking caps before you say the stock market is a zero sum game.
A zero sum game is one where the total value is a constant. Do you really think the total value of the stock market is a constant, or have you been asleep the last 16 years of this bull market?

To put it more simply, if the DJIA starts at 1000, and then it goes to 8000, the total value has increased by 700%. An increase of 700% means the value was not constant, which is part of the meaning of a zero sum game.

Best regards,

Larry
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