• boonhet@sopuli.xyz
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      1 day ago

      Uhh… All shareholders get wealthier when the stock price goes up, there’s no magic mechanism where it’s only majority shareholders.

      Obviously majority shareholders will make even more, but they all profit from it. I’m not even American and my retirement fund jumped up decently from the S&P 500 going up. Though now I’ve exited from the US ETFs completely. Only Europe and Asia now.