[kolbe]

How would you handle the fractional share ownership concept? A person with $10,000 of SPY shares probably doesn't even own a full share of most components[1]. And even ones that she does own more than a share of like AAPL, it won't be an integer.

[1] for example, you would need a $270,000 investment before you own a full share of SRCL.

[turc1656]

People are used to thinking of votes in terms of integers, but if you think of it in terms of points then fractions don't make a difference, really. If you own 100 shares of a stock you get to 100 votes. That's been the standard forever. This is just extending it to say that if you own .01 shares you get .01 votes. It's still the same concept and same math, just not on an integer basis.