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Vanguard Health Care is a huge mutual fund (~50 billion under management). It's shares are surely owned by an incredibly large number of people and institutions
by harryh 10y ago
Vanguard Health Care is a huge mutual fund (~50 billion under management). It's shares are surely owned by an incredibly large number of people and institutions. How in the world did you drag Staar Investment Trust which appears to be a tiny institution into this?
- sandworm101 10y agoStaar owns a piece of Vanguard. They are one of many shareholders. Tiny or not, they own stock in a company that owns stock in the company that is selling the epipens. This is the problem. The layers of ownership are used to dilute and avoid responsibility. These companies only respond to shareholders. Realworld people are where you have to start. If I found my grandmother owned shares in a mutual fund that owned a piece of Mylan, I'd start with her.