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Oh, so the shareholders of the companies are the people itself? That sounds very communist :-) But thats not true, retirement funds own only around the 37% (ac
by o_p 7y ago
Oh, so the shareholders of the companies are the people itself? That sounds very communist :-)
But thats not true, retirement funds own only around the 37% (according to [1]), considering thats millons of americans, the pie is clearly awfully cut.
[1] https://www.businessinsider.com/who-actually-owns-the-stock-market-2016-5 https://www.businessinsider.com/who-actually-owns-the-stock-...
- chrisco255 7y agoAccording to your link, the share of retirement plans has increased dramatically over the past century and it looks like around 35% are attributed to foreigners, which is not a shock, as globalization has increased and even many other nations invest retirement funds in U.S. stock market. Over 54% of Americans own stock. https://news.gallup.com/poll/211052/stock-ownership-down-among-older-higher-income.aspx https://news.gallup.com/poll/211052/stock-ownership-down-amo...