[bluGill]

While that is a common statement, it isn't really true. Most stock holders have figured out that long term profits are important as well. Companies that only focus short term go out of business quickly and so are worth less than companies who will be around longer.

Most shareholders (37%) are retirement accounts which have long term goals.

[radcon]

> While that is a common statement, it isn't really true.

"Companies exist to maximize shareholder value" is the myth that just won't die.

[TeMPOraL]

> Most stock holders have figured out that long term profits are important as well. Companies that only focus short term go out of business quickly and so are worth less than companies who will be around longer.

Doesn't matter if the stock holders who pushed for the decisions managed to flip their stocks when they were still rising in value. Aren't most stock holders playing this game to flip stocks, without caring much about the particular company they're making money off?

[icxa]

Aren't most stocks are held in index funds and ETFs?

[mrep]

Yep, they recently crossed the 50% mark [0]. Discussion [1]

[0]: https://qz.com/1623418/index-funds-now-account-for-half-the-...

[1]: https://news.ycombinator.com/item?id=20020997

[TeMPOraL]

I don't know. Could someone who knows this for sure chime in here?

[nradov]

Yahoo Finance will show you the top holders for any publicly traded company.

https://finance.yahoo.com/quote/TM/holders?p=TM