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If the company is rich and powerful, then the shareholders that own it are, in aggregate, at least as rich and powerful as the company.
by FredPret 3y ago
If the company is rich and powerful, then the shareholders that own it are, in aggregate, at least as rich and powerful as the company.
- justrealist 3y agoYes, in aggregate; a hedge fund that holds 1.8% of Microsoft is not that aggregate.
- lotsofpulp 3y agoYou mean all taxpayers via taxpayer funded pension plans and anyone with a retirement savings or brokerage account? https://finance.yahoo.com/quote/MSFT/holders/ https://finance.yahoo.com/quote/MSFT/holders/ The ownership of Microsoft is so diffuse, I am just asking for some evidence or even who these “Wall St” and “hedge funds” are that somehow control the hiring/firing decisions of a business that is 100x bigger and more profitable than them.
- FredPret 3y agoThe ownership of MSFT is diffuse. But each MSFT owner owns many other things besides MSFT. Sometimes a whole lot of it. Some of the companies that own MSFT stock easily have enough muscle to push them around with regulations, PR, or by voting their shares.
- lotsofpulp 3y agoWho is pushing Microsoft around, and with what leverage? I have yet to see evidence.