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I'm too old to think market forces can solve everything, but I don't understand why shareholders are ok with such things. I don't want my Boeing stock to go up

I'm too old to think market forces can solve everything, but I don't understand why shareholders are ok with such things. I don't want my Boeing stock to go up for one quarter or one year so I can sell it and repeat with the next stupid company, I want my great grandchild to get good income on a stock I purchase today. I can see why leadership gets shortsighted, but not shareholders in general. If we take the scotus' view of a corporation as a person, these corporate persons need to figure out how to incentivise their cells not to go cancerous and shorten their lives.

decafninja 3y ago
Everyone’s time window is different. Someone might be in the cusp of retirement and looking to cash in. Someone might not have any children so passing on an inheritance could be moot. At least in this specific company’s case though, if I were a Boeing shareholder, I’d want them to make good planes because I plain and simple fly a lot, and don’t want to end up a casualty.
- throw0101b 3y ago
  > Someone might be in the cusp of retirement and looking to cash in. If you're on the cusp of retirement (e.g. 65) you probably have another couple of decades to live, so you want companies to keep running things 'properly' for the long(ish)-term. It's not like you retire and you convert your portfolio into a pile of cash: you still need some kind of returns if you want to not run out of money: * https://en.wikipedia.org/wiki/William_Bengen#The_Four_Percent_Drawdown_rule https://en.wikipedia.org/wiki/William_Bengen#The_Four_Percen...
  - deleted 3y ago
    [deleted]
_heimdall 3y ago
I actually can understand why some shareholders see it this way. The stock market today is very much a Ponzi scheme in all but the very specific legal sense. There are more shares owned than actually offered by a company, and investors are taught to treat shares more as a commodity than as an investment of a company, value-based investment, or really anything beyond a gamble that prices go up.

decafninja 3y ago

Everyone’s time window is different. Someone might be in the cusp of retirement and looking to cash in. Someone might not have any children so passing on an inheritance could be moot. At least in this specific company’s case though, if I were a Boeing shareholder, I’d want them to make good planes because I plain and simple fly a lot, and don’t want to end up a casualty.

throw0101b 3y ago
> Someone might be in the cusp of retirement and looking to cash in. If you're on the cusp of retirement (e.g. 65) you probably have another couple of decades to live, so you want companies to keep running things 'properly' for the long(ish)-term. It's not like you retire and you convert your portfolio into a pile of cash: you still need some kind of returns if you want to not run out of money: * https://en.wikipedia.org/wiki/William_Bengen#The_Four_Percent_Drawdown_rule https://en.wikipedia.org/wiki/William_Bengen#The_Four_Percen...
- deleted 3y ago
  [deleted]

_heimdall 3y ago

I actually can understand why some shareholders see it this way. The stock market today is very much a Ponzi scheme in all but the very specific legal sense. There are more shares owned than actually offered by a company, and investors are taught to treat shares more as a commodity than as an investment of a company, value-based investment, or really anything beyond a gamble that prices go up.