Comment by twoodfin
2 days ago
“Just”? As if there aren’t pension funds and 401(k)s and IRAs serving >100 million Americans via investment in public companies?
“Open for the elite” how?
2 days ago
“Just”? As if there aren’t pension funds and 401(k)s and IRAs serving >100 million Americans via investment in public companies?
“Open for the elite” how?
:)
You still don’t have a say and the investor is also the customer. How is it democracy or keeping companies to being good for society.
Have you considered the possibility that 401ks and pension funds etc are included in those numbers?
Open for the elite in the way that everyone else don't have enough money to matter.
The richest people are so much richer than everyone else that there's no comparison. You could grab a million average people off the street and all of you combined probably wouldn't be richer than Jeff Bezos. Think about that. This one guy is wealthier than a million other people combined, literally wealthier than an entire small country or large city, and he's not alone. There's more of them.
Those guys rule the world, everyone else are passengers.