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Disney Hit With Legal Salvo From Shareholders Over Jimmy Kimmel Suspension
(www.hollywoodreporter.com)
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riiight, no distinct characteristic...
thats why the top five share holders (23% altogether) are investment banks and capital management funds.
totally nothing distinct going on
I think the person you're replying to meant there's no distinct characteristic for all shareholders.
yeah, i think the only thing one can say with certainty is that they own shares.
did they buy them to get a vote in company decisions? did they buy them to get dividends? did they buy to later sell them for more? who knows.
There is an 87% chance that any random stockholder is in the top 10% of wealth in the country.
Edit: If you divided all the stocks by issue number and put them in a basket, chose one randomly, there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.
I get it, you might have some stock, your family members might have retirement accounts based on stocks.
This still does not change my FACT above.
Lol you and I are probably part of those top 5.
There's a reason those companies are measured by "Assets Under Management". It's not their own assets.