I shoot RAW because I am constantly re-editing the same images over and over again. A jPeg will lose IQ if the same image is opened, edited, saved/closed, then re-opened, re-edited, saved/closed over and over again.
I do not want to be bothered with making a copy of every image I edit, then only editing the copy. I want just one version of each image I have. I want to be able to re-edit it every time I need it for something. Some of my images have been edited 30 or 40 different times in the same amount of different editing sessions. Try doing that to a jPeg and you will lose quality and fine detail. Try making copies of the image and you'll end up with 30 or 40 copies of the same image. To me, that is an organizational nightmare. I only want one file for each image I take, period. RAW allows me to edit an image for a specific use, email it, post it, upload it, or burn it, then the next time I need to edit that image differently for a different intended use, I can just open it up, click on "revert to RAW", and re-edit it. No change I do is ever permanent, and I can always revert back to the original. jPeg does not allow one to do this without compromising IQ or having to make copies of the image.
"Your" and "you're" are different words with completely different meanings - please use the correct one.
"They're", "their", and "there" are different words with completely different meanings - please use the correct one.
"Fare" and "fair" are different words with completely different meanings - please use the correct one. The proper expression is "moot point", NOT "mute point".