Stocks and derivatives are not the only types of securities. I don't really see what you're getting at here. For most people, the only important part of what y

Stocks and derivatives are not the only types of securities. I don't really see what you're getting at here. For most people, the only important part of what you call "ownership" are the cash benefits (buybacks, dividends, and acquisitions). You can see this from the small price difference between GOOG and GOOGL.