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by IncreasePosts 16 days ago
Vanguard, black rock, fidelity etc own /manager 3x the AMZN that bezos does, so more concretely you're taking $3 out of random Americans retirement funds for every dollar you take out of bezos' pocket
1 comments

those funds sit on far more than just Amazon and are hedged across many different companies entirely for the purposes of avoiding the risks associated with one company.

most Americans have trivial amounts of money in retirement anyway; the median balance is at about $38,176