Learn to Earn touches on basic investment with a lot of explanations about capitalism, history of stock market and how should one approach investing. It is a good book to get one thinking why invest in the first place and you would ask yourself a lot of fundamental questions. And the main message was to encourage people to invest in stocks.
Here’s the main points:
Shareholders do not get sued
Shareholders do not get sued, “It [a corporation] can be sued, as can its managers and directors, but the owners – the shareholders- are protected. They can’t be sued in the first place. In England, companies put the word “limited” after their names. This indicates that the liability of the owners is limited, just the way it is in U.S. companies… This is a crucial safeguard of our capitalist system, because shareholders could be sued whenever a company made ......