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Inventing the personal computer is what I'd call hacking "the system". Pandering to institutional investors...well I don't know what I'd call it exactly, but it
by patrickk 15y ago
Inventing the personal computer is what I'd call hacking "the system". Pandering to institutional investors...well I don't know what I'd call it exactly, but it certainly wouldn't be "thinking different".
It would seem like a corruption or mockery of the ideals of the company that effectively invented the personal computer market and was anti-authoritarian in so many ways for so long.
- apaprocki 15y agoWhat about doing this is pandering? Almost all of Apple is owned by institutions and they have been reaping all of the benefit of the company's crazy growth. The total ownership of all pension funds (29 of them) and mutual funds (626 >= 1000 shares) account for < 5% of the float. I'd love to see the wealth spread around to all who want to participate. That could possibly do more for the common person than a dividend ever would. Apple is 72% institutionally owned. Paying a dividend at all is directly pandering to institutional investors!