"But isn't investment about spreading risk?" Spreading risk is only one factor. It's like selling a car and only factoring in fuel efficiency and ignoring safe

"But isn't investment about spreading risk?" Spreading risk is only one factor. It's like selling a car and only factoring in fuel efficiency and ignoring safety. Having a larger number of people, and this is important, with a megaphone that are like minded that can cause you trouble would be hard to control. While you could say that companies now have a large number of investors (stock owners) and they have little control, they also aren't the age group using the megaphone of the internet to amplify their voice.