criticaljudge

13 ms·

31.
by criticaljudge 6y ago
I'm not an expert on that, but how can companies simply issue new stock? Why wouldn't they simply issue billions of shares and dilute everybody else to nothing? (Except for the loss of trust, meaning they would only be able to do
32.
by criticaljudge 6y ago
By forming an interest group with other shareholders, so that you have enough votes to determine what happens with the companies assets (in an extreme case). You also have some legal rights as a shareholder. I don't know about the US,
33.
by criticaljudge 6y ago
But do you care if they gamble away their money? Surely, with the "fraudulent means" example, you care about the fraudulent means, not the money. Can't comment on the 401k thing, but I suspect a conspiracy theory. If you have
34.
by criticaljudge 6y ago
It doesn't make much sense, as owning a stock does not give you any entitlement to the future labor of employees. Also employees can buy stock themselves, which arguably is superior to forcing them to be stakeholders in the company the
35.
by criticaljudge 6y ago
But it is obviously bullshit, as the real companies behind some stocks have a real value. Like for example they might own a building that is worth one billion dollars (simple example). If you take away all the stock market shenanigans, you
36.
by criticaljudge 6y ago
I think you can still buy some stock with the intention of collecting the dividends or hoping for the stock's value to grow over time. There are simple calculations like Price/Earnings ratio that are usually published with every s