re: #12 Obdicut

…..stock-trading doesn’t actually benefit the company at all past the initial sale of stock……

Except that an initial investor is unlikely to put up money if he can’t cash in his investment at some point. So then he needs a second investor to buy his shares, who in turn needs a third investor if he’s going to realise a profit at some stage…..etc
So the only benefit of stock trading is that it makes raising capital possible in the first place….
I thought you could think things through a bit better than that.