"But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose"
About this Quote
The subtext is a criticism of financialization: a market dominated by trading speed, buybacks, and short-term performance theater. IPOs become branding events; earnings calls turn into ritualized reassurance; corporate strategy bends toward “meeting the quarter” instead of taking risks that might pay off in five years. Cuban’s phrasing also tugs at a cultural sore spot: the sense that Wall Street is a scoreboard with no stadium underneath it, where wealth compounds faster than work.
Context matters. Cuban speaks as a tech-era capitalist who benefited from markets but also watched companies avoid public listings, stay private longer, or rely on venture capital precisely because public markets can punish patience. He’s also talking in a post-2008, meme-stock, algorithmic-trading reality where the market often looks less like price discovery and more like a feedback loop of sentiment, leverage, and incentives.
What makes the line work is its moral simplicity. He doesn’t argue about yield curves or market microstructure; he asks a purpose question that’s hard to dodge. If capital formation is the justification, then a market that mostly rewards reshuffling ownership starts to look like an industry serving itself.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Cuban, Mark. (2026, January 17). But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose. FixQuotes. https://fixquotes.com/quotes/but-we-have-to-ask-ourselves-whats-the-purpose-of-79558/
Chicago Style
Cuban, Mark. "But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/but-we-have-to-ask-ourselves-whats-the-purpose-of-79558/.
MLA Style (9th ed.)
"But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/but-we-have-to-ask-ourselves-whats-the-purpose-of-79558/. Accessed 24 Feb. 2026.



