8 ms·
> I do wonder what percentage of Apple stock is owned by pension funds and the like, i.e. The Regular Person, once you unwind the levels of indirection (mutual
by timtom39 3y ago
> I do wonder what percentage of Apple stock is owned by pension funds and the like, i.e. The Regular Person, once you unwind the levels of indirection (mutual funds, etc). It is surely a double digit percentage, but high, low? No idea.
Pretty high. The S&P 500 has ~7% apple stock which means many peoples retirement accounts have several percentage points of apple stock.
- Podgajski 3y agoSo Apple takes 30% of your money from one hand and gives you back 3% with the other?
- kspacewalk2 3y ago"Apple" takes and gives nothing. "Apple" is a collective figment of imagination of its shareholders, which people typically picture as dastardly moneybags living in mansions, but often forget to also picture, like, themselves, in retirement.
- fennecfoxy 3y agoSo we should let every company charge 10000% what they currently do, because some of the shareholders might be relying on extra dividends for retirement. Hmmm.
- kspacewalk2 3y agoIndeed, we absolutely should "let" them. We should let them charge whatever they wish, we should let them sink or swim, and we should apply our laws to them fairly and equally, including antitrust legislation.
- crazygringo 3y agoMore like the opposite. If you had $1,000 invested in Apple around ten years ago (a reasonable amount in a retirement fund), you'd have made around another $8,500 by now. While if you'd spent $1,000 on apps and subscriptions over 10 years, Apple would have taken $300. So Apple would take $300 of your money from one hand and give you back $8500 with the other. That's a difference almost 3x larger than the difference you suggested... but in the opposite direction!