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Sure, voting is something different. I didn’t say they were the same. I said they were similar. Also, I know plenty of people who purchase stocks simply to make
by colejohnson66 6y ago
Sure, voting is something different. I didn’t say they were the same. I said they were similar. Also, I know plenty of people who purchase stocks simply to make money: I don’t know anyone who does to vote.
- mantap 6y agoThe existence of companies that have voting and non-voting shares allows us to measure how much voting is worth. Google's non voting shares trade at basically the same value as their voting shares. Berkshire Hathaway's reduced voting right shares trade at basically the same value as their full voting right shares. Whatever drives the value of shares it's not voting rights.