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> So how can you ever really know what a share in a corporation is worth? It's at least as much of a mystery as the question of "How much is a computer programm
by IanCal 12y ago
> So how can you ever really know what a share in a corporation is worth? It's at least as much of a mystery as the question of "How much is a computer programmer worth?"
I think the point is that one share in google is worth exactly the same amount as another, and this fact is easily verifiable by the buyer and the seller.
You won't buy a share and then find out that it's actually only worth half of someone else's share, or for some reason costs you money rather than earning you dividends while everyone else is raking it in.
- fragmede 12y ago> one share in google is worth exactly the same amount as another Pedantically, they're not. There are 3 public classes of Google stock, publicly traded GOOG and GOOGL, as well as Class B stock, which doesn't have a public ticker symbol. http://economix.blogs.nytimes.com/2014/04/02/the-many-classes-of-google-stock/?_r=0 http://economix.blogs.nytimes.com/2014/04/02/the-many-classe...
- IanCal 12y agoThat is very true, thanks for the clarification. If I said "one share of GOOG" would that uniquely identify one class of the stock?