When they decide to forgo paying dividends, that money is usually put to other uses by investing it (case Amazon) or stockpiled in cash (case Apple). In both cases the value of your 0.0001% slice has increased, and even…
The (money-theoretic) paper that most affected me during economics education was "Money is Memory"; https://research.mpls.frb.fed.us/research/sr/sr218.pdf It doesn't have much to do with getting wealthy, but it is a…
When they decide to forgo paying dividends, that money is usually put to other uses by investing it (case Amazon) or stockpiled in cash (case Apple). In both cases the value of your 0.0001% slice has increased, and even…
The (money-theoretic) paper that most affected me during economics education was "Money is Memory"; https://research.mpls.frb.fed.us/research/sr/sr218.pdf It doesn't have much to do with getting wealthy, but it is a…