Does John Q. Public even know why there is an NYSE? I didn't really know until a few years ago. I just figured it was a way to gauge the economy or something like that. Stock prices seemed pretty arbitrary as far as I could tell. Then I learned about the different types of indexes (price weighted, cap weighted), etc. and started following companies. I forget why, but I once had an assignment in grade school to pick a stock. That's all I remember.
Does the value of a company really change minute by minute? What would the implications of capitalizing a stock via postal mail? If I want to own part of a company then I could mail in a request with as much money as I want to invest, then they could send me a receipt. Does that make sense or am I crazy? Well the crazy part I know already, but does that seem plausible?
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