Regular price: $14.95

Membership details Membership details
  • A 30-day trial plus your first audiobook, free.
  • 1 credit/month after trial – good for any book, any price.
  • Easy exchanges – swap any book you don’t love.
  • Keep your audiobooks, even if you cancel.
  • After your trial, Audible is just $14.95/month.
Select or Add a new payment method

Buy Now with 1 Credit

By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Buy Now for $14.95

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

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
Show More Show Less
No Reviews are Available
© Copyright 1997 - 2018 Audible, Inc