Ex-Google employee says you shouldn't buy GOOG

Posted on Saturday, Mar 11 2006 @ 22:46 CET by Thomas De Maesschalck
An ex Google employee has a rant on why people buy Google's stock.
Just as there are many reasons one might want to buy a share of a car, there are many reasons one might want to buy a share of a company. The company might pay dividends, or it might offer the potential of paying dividends in the future. If you buy a big enough share you can have a real say in how the company is run. Even if you don't have the wherewithall to buy a big enough share to let you run the company, your small share might be sought out by someone who does have the means to buy a controlling interest. Or being a shareholder might entitle you to certain special privileges. (We own some stock in a winery that gives a 30% discount to its shareholders. We've made back our original investments many times over on wine discounts alone. The stock also pays dividends.)
You can read more over here. I don't fully aree with him but he's right that you shouldn't buy Google's stock just for bragging.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



Loading Comments