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Publisher's Summary

One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything.
The belief is stocks represent value in a company. The truth is stocks are Ponzi assets, because investors’ profits are dependent on the inflow of money from new investors, and no one is obligated to pay the shareholders anything. This is not just another story that will disappear after another bubble bursts. It is an idea that will remain relevant for as long as the stock market exists.
The Ponzi Factor video trailer on Author Central: https://www.amazon.com/author/tanliu.
www.ThePonziFactor.com
©2017 QuantStyle LLC (P)2018 QuantStyle LLC
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Customer Reviews

Most Helpful
5 out of 5 stars
By Drew562LBC on 07-01-18

This book is a great investment of yout tme.

The author makes a lot of great points and observations. Very well written with clear and concise ideas regarding the stock market, a clear picture is painted. The definition of an expert is one who can explain the complex in understandable terms, Tan Liu meets this definition.

The truth really is simple after you see it. IF you take the RED pill and are still in the Matrix did you take the red pill and if you do nothing or do not know how to fight the system. I have wondered about some of these observations not as deep of explanations, some of these ideas are new and go further than I have made, yet I stay in the game. Just like Social Security, the Stock Market uses funds from new investors to pay those that got into the PONZI SCHEME earlier. Yet that is the system, I see the problem what is the solution? Till I find the way out I’ll want to be the one using the silk toilet paper. This book confirms a few of the suspicions I had already about the Finance world.

I highly suggest this book and give it five stars, why because it is a new ideas and it has kept me thinking about our finical system. IF you invest you money in the market, invest your time in this book.

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1 of 1 people found this review helpful

5 out of 5 stars
By Jamie on 05-22-18

Great overview of why Common Stocks are scams

Great easy to understand and funny but important knowledge in this book. I would highly recommend it, should be required read before getting into stocks.

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1 of 1 people found this review helpful

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