The more I look into capital structures, and the shenanigans that corporations can get away with, the more I like gold and private ownership. If you are a mino

The more I look into capital structures, and the shenanigans that corporations can get away with, the more I like gold and private ownership. If you are a minority shareholder, as the vast majority of shareholders are, you are quite literally at the mercy of the controlling shareholders: they can dilute you at will, never cut you a dime of profits, and you are first loss if the company goes tits up. No cash flow, no control, no recourse. You are basically hoping that the controlling majority is nice to you, and that a financial instrument that doesn't produce any reasonably predictable cash flow (or, in many cases, any at all!) goes up in value in the eyes of your also-screwed peers. It's crazy. To me, anyway.