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Disney Hit With Legal Salvo From Shareholders Over Jimmy Kimmel Suspension (www.hollywoodreporter.com)

submitted 4 days ago by cm0002@piefed.social to c/usa@midwest.social

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[–] rikudou@lemmings.world 5 points 4 days ago (1 children)

I think the person you're replying to meant there's no distinct characteristic for all shareholders.

[–] lurch@sh.itjust.works 1 points 4 days ago (1 children)

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.

[–] DancingBear@midwest.social 2 points 4 days ago* (last edited 1 day ago)

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.