There are two groups slicing the worker's cheese. One is the state, they claim tax. The other is the investors, they claim profit.
Calling out other parasites, don't forget you also are one.
Calling out other parasites, don't forget you also are one.
Any example of a cooperative usually descends into chaos, an example being worker's unions which descend into criminality, corruption and pure evil (teacher's unions regularly defend sexual predator teachers, for example) more often than not.
It's also a pure fallacy and just plain wrong to suggest I claim profit from Cloudflare. Cloudflare has not and does not issue dividends, meaning all of the profit is reinvested in business operations or goes to the workers.
As an investor, I don't see a single cent of profit in this case.
You need to chill, dude. I am not defending child molesters. I am not even claiming that capital investment is evil. I am simply pointing out the fact that the relation is parasitic.
> As an investor, I don't see a single cent of profit in this case.
Then you aren't paying capital gains tax either, so I don't see the problem.
I'm curious though, do you also not expect to get any profit for this particular investment in the future? When you have got back your inflation adjusted initial capital + a modest interest + a reward for the risk, do you mail your share certificates back to Cloudflare with a note, thank you, good doing business with you?
Cloudflare does not issue dividends. Dividends are distributions of profit. If I bought Cloudflare stock at $30 and sold at $90, for example, the $60 profit I'm making isn't taken from Cloudflare, it's paid by the buyer on the other end of the stock trade, which is usually an institution or a retail buyer.
I'm not and are never "taking profit" from Cloudflare, in fact I provide them liquidity and also allow them to dilute my ownership in order to pay their employees in stock grants.
Selling shares doesn't really mean the company is hurt by it, especially since I'm a retail investor who doesn't have the capital to impact the price even a single cent.
Owning their stock when they aren't paying dividends is a bet that either growth of the company will inflate the price so I can profit, or it's a bet that they'll one day issue dividends (not anytime soon).
The profit you get from buying and selling on the market is either a result of the shares being kept happy, or taking advantage of market mechanics. The latter is mostly a form of gambling that doesn't produce value.
At least, that is what I plan to do. Stop working and live as a full-time parasite as soon as I can afford it. Maybe others here are more altruistic.