Hacker News new | ask | show | jobs
by effed3 43 days ago
> Stocks are deep linked to the economy, but the ownership of stocks is primarily shared by the public.

Ok, this is the situation, but seems to me that few biggest holders in pratice has real control, within the complexity of the financial systems that shade the complexity of true ownership, and the wide public ownership, because the fragmentation, has no real control, only the benefits, if any, and this is the trick.

But the core question, to me, is: it is a real value? the shares/speculation market is more than ten times the real economy, it is safe? I doubt.

Look at SpaceX public shares, are 5%, the rest? Musk and others few financial actors.