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> No. Members of the public can own stock. The public does not own stock. Members of the public own stock, so the public owns stock. Your distinction here is p

> No. Members of the public can own stock. The public does not own stock. Members of the public own stock, so the public owns stock. Your distinction here is pedantic at best, but generally plain wrong. > No. I have not purchased a Ferrari, so I do not own one. It seems the concept of a metaphor struggles to take grasp. I'll leave progress in this area to those certified. > This link does not talk about public ownership. It's very literally the first line. If you're going to be a pedant, be right.

Zambyte 3y ago
Please explain the quote in my other comment from your source. It really just seems like you're uncomfortable with the fact that you're wrong about this, having resorted to name calling. It's ok, this really is a common mistake to make. I do encourage you to read the Wikipedia links you sent though. I think they do a good job of explaining what I have said. Just remember that individuals are not the public. The public actually owns national parks. The whole public as an entity. Actually I just found another Wikipedia page which may help elucidate this for you, if you're still having trouble with the links you posted. https://en.wikipedia.org/wiki/State_ownership https://en.wikipedia.org/wiki/State_ownership I hope the first two lines will make things clear :-)
WrongAssumption 3y ago
This is getting painful to watch. He is right, you are wrong. He isn’t being pedantic, he is being precise. “A public company is one that issues shares that are publicly traded, meaning the shares are available for anyone to buy and sell on the open market, usually very easily. Note that publicly traded companies are not publicly owned -- they are not owned or controlled by any government.” https://www.fool.com/terms/p/publicly-traded-companies https://www.fool.com/terms/p/publicly-traded-companies
- blackmesaind 3y ago
  Yeah, you're right.
p_j_w 3y ago
>Members of the public own stock, so the public owns stock. You seem to be equating members of the public with the entirety of the public. You need to get this misunderstanding straightened out to correctly understand the concepts being discussed here. If you're going to be a pedant, be right.

Zambyte 3y ago

Please explain the quote in my other comment from your source. It really just seems like you're uncomfortable with the fact that you're wrong about this, having resorted to name calling. It's ok, this really is a common mistake to make. I do encourage you to read the Wikipedia links you sent though. I think they do a good job of explaining what I have said. Just remember that individuals are not the public. The public actually owns national parks. The whole public as an entity. Actually I just found another Wikipedia page which may help elucidate this for you, if you're still having trouble with the links you posted. https://en.wikipedia.org/wiki/State_ownership https://en.wikipedia.org/wiki/State_ownership I hope the first two lines will make things clear :-)

WrongAssumption 3y ago

This is getting painful to watch. He is right, you are wrong. He isn’t being pedantic, he is being precise. “A public company is one that issues shares that are publicly traded, meaning the shares are available for anyone to buy and sell on the open market, usually very easily. Note that publicly traded companies are not publicly owned -- they are not owned or controlled by any government.” https://www.fool.com/terms/p/publicly-traded-companies https://www.fool.com/terms/p/publicly-traded-companies

blackmesaind 3y ago
Yeah, you're right.

p_j_w 3y ago

>Members of the public own stock, so the public owns stock. You seem to be equating members of the public with the entirety of the public. You need to get this misunderstanding straightened out to correctly understand the concepts being discussed here. If you're going to be a pedant, be right.