ETA!!!
Sorry to offend so many people with this OLD meme in a MEME community!
Feel free to post more recent content!
this post was submitted on 03 Sep 2025
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Assumption. That can happen because the athlete has a very good season, or even becomes famous/infamous for an unrelated reason.
In other words, you're assuming it's because supply went down, but it can also be that demand went up. Or a combination.
But that's beside the point, which is that its value changing has zero impact on what's in others' wallets. Because it's a price tag. Not an amount of actual money.
But, once the valuation is realized.... then it has done all the things I said. So yes, if you only ever buy stocks and never sell them, you have never gained money that came from somewhere else... but you also haven't become rich then.