strictlysupreme Chapter 119 (1)
Chapter 119 (1)
Chapter 119 (1)
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Black Label Union (6)
"Zero risk... I see."
Trading securities in the stock exchange was a form of gambling.
No one could predict whether the securities someone sold would return with a fortune or not return at all, leading to a loss.
Therefore, investors faced their own risks.
However, there was no reason for the stock exchange, which facilitated the buying and selling of securities, to take on such risks.
No matter the outcome for the traders, the stock exchange only needed to collect their fees in the middle.
Ricardo spoke up, considering this.
"Although no one knows what will happen to the traded securities later on, the stock exchange won't go bankrupt as long as they collect their fees, especially if someone continues trading."
A deep smile appeared on Rockefeller's lips as he heard this.
"Wait and see. How the securities trade will be in this Black Label. As long as the transactions are made easily, my stock exchange will be packed with people who like gambling."
Do humans have a natural inclination to gamble?
Ricardo narrowed his eyes, thinking about this.
'Is it really human nature to enjoy gambling?'
Do humans truly enjoy gambling?
As these doubts grew stronger, Rockefeller stepped in to explain.
"Do you doubt that people enjoy gambling?"
"..."
"Casino owners seem to be doing something bad, while the stock exchange I set up doesn't have that image. But their natures are the same. After all, the thoughts of people who come to either the casino or my stock exchange are all the same."
"They're thinking of making money."
"Exactly. They're all thinking of making money and not losing it."
Ricardo couldn't help but agree with the idea that people would be captivated by the word 'investment' and come to the stock exchange set up by Rockefeller.
Rockefeller asked Ricardo again, who remained silent.
"Do you know who really makes money in a casino? Skilled gamblers? Or gamblers with extraordinary luck on that day?"
Upon hearing Rockefeller's sudden question, Ricardo didn't have to think for long to figure out the answer.
"It seems like it would be the casino owner."
Rockefeller, still smiling, responded.
"Correct. Among the gamblers in the casino, the number of people who make money is either extremely small or non-existent. That's because they try to put in their own money and take others'. It's like a zero-sum game. What I lose is what someone else wins, and what I win is what someone else loses."
Rockefeller continued.
"But the casino owner only needs to gather those gamblers and lay out the table. Then, they'll collect their cut from there. Eventually, as time goes by, people will realize that the one who makes money in that place is the casino owner. But by then, it's already too late."
"Because they realized too late."
"Exactly. What's the point of realizing it when your pockets are empty? The casino owner's pockets are already full by then."
And the last point was the most crucial.
"In the end, if you want to make money, you shouldn't become a gambler, but rather someone like a casino owner."
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