Well, not entirely. One effect of buying shares is that their resale value fluctuates uncertainly and hence you may or may not make money out of it. But another effect is that you gain partial control of the company you buy shares in, and another is that you're contributing to their ability to do whatever it is they're doing.
On that basis it seems excessive to describe a pure gambling proposition as a share buy, since you don't end up with, well, a share in anything.
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timeasmymeasure
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Date: 2008-09-02 04:17 pm (UTC)On that basis it seems excessive to describe a pure gambling proposition as a share buy, since you don't end up with, well, a share in anything.