I have pixel3a without any case or screen protector. I am using it from last 2 years and it dropped like 100 times, so far no issue. Still going strong. Waiting for Pixel 6Pro to be launched in India.
I am naive here, can someone explain what is the economic utility of a stock market ?
For example, its easy to understand utility of food, cloths, car, house, money. But I am not able to find a reason about stock market existence for day-to-day trading, where secondary stocks are traded daily after IPO. It seems none of the day-to-day trading money/profit ever goes back to business to help them to improve that business.
I am naive here, can someone explain what is the economic utility of a stock market ?
For example, its easy to understand utility of food, cloths, car, house, money. But I am not able to find a reason about stock market existence for day-to-day trading, where secondary stocks are traded daily after IPO. It seems none of the day-to-day trading money/profit ever goes back to business to help them to improve that business.
This reminds me of this article [0] where more than 50% of world population lives inside of the circle compared to outside; which is fascinating as it covers only 20% of land-area.