• Gold_E_Lox@lemmy.dbzer0.com
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    8 days ago

    riiight, no distinct characteristic…

    thats why the top five share holders (23% altogether) are investment banks and capital management funds.

    totally nothing distinct going on

    • boonhet@sopuli.xyz
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      7 days ago

      Lol you and I are probably part of those top 5.

      There’s a reason those companies are measured by “Assets Under Management”. It’s not their own assets.

      • lurch (he/him)@sh.itjust.works
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        8 days ago

        yeah, i think the only thing one can say with certainty is that they own shares.

        did they buy them to get a vote in company decisions? did they buy them to get dividends? did they buy to later sell them for more? who knows.

        • DancingBear@midwest.social
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          5 days ago

          There is an 87% chance that any random stockholder is in the top 10% of wealth in the country.

          Edit: If you divided all the stocks by issue number and put them in a basket, chose one randomly, there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.

          I get it, you might have some stock, your family members might have retirement accounts based on stocks.

          This still does not change my FACT above.