this post was submitted on 17 Jun 2026
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Don't be mean. I promise to do my best to judge that fairly.

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[–] ThunderQueen@lemmy.world 77 points 1 week ago

No fr, just hang out at coffee shops and bars in financial districts, these people have no tact

[–] outstanding_bond@mander.xyz 59 points 1 week ago (3 children)

Just about everyone with retirement savings or a pension is a shareholder, usually via index funds. I’m not sure if you can access your voting rights for those shares, or if they’re handled by the index fund manager (who for sure is voting for profit at all costs)

[–] Tommelot@lemmy.world 30 points 1 week ago (2 children)

Technically speaking you're not the shareholder, but the fund is. You cannot get voting rights from owning ETFs.

[–] Bassman1805@lemmy.world 7 points 1 week ago (1 children)

Well, you're a shareholder in that fund. The fund is a shareholder in the end companies.

In practice, this means Vanguard/Fidelity/Schwab/etc have people whose job it is to research and vote in shareholder meetings for the companies where the fund has significant ownership. That's a big part of what the fund's expense ratio is paying for.

The fund is a product

[–] ParlimentOfDoom@piefed.zip 1 points 1 week ago

Many of them do, in fact, extend the ability to vote for your weighted portion to you.

[–] brygphilomena@lemmy.dbzer0.com 13 points 1 week ago

Typically, no. You don't get to vote for an index or mutual fund.

I've found stocks to be a fun thing to kind of collect. That company seems fun and stocks are $34. Eh, I'll buy one. And then just forget I have it. I don't do day trading or anything like that. So it's low stress and unless you are trying to buy a lot, relatively cheap. Occasionally you'll even get 24 cents back!

Lol, Imma call the CEO of index funds.

[–] bss03@infosec.pub 32 points 1 week ago (1 children)

I own 4 shares of IBM. A friend of my father's bought one for me as a birth present, and it split twice since then.

[–] lime@feddit.nu 29 points 1 week ago (2 children)

at this pace you'll own more shares than there are in the entire world by the time you're 64

[–] Frozengyro@lemmy.world 24 points 1 week ago (2 children)

Not sure if math joke or downfall of society joke.

[–] lime@feddit.nu 6 points 1 week ago
[–] bss03@infosec.pub 1 points 1 week ago

2 splits in 46 years is not that pace. But, nice ref.

[–] crazycraw@crazypeople.online 23 points 1 week ago (1 children)

well they do view the constitution as weak...

[–] bitjunkie@lemmy.world 3 points 1 week ago

And have proven it so repeatedly

[–] RebekahWSD@lemmy.world 19 points 1 week ago (6 children)

I've never quite understood, is a shareholder just someone with stock in a company or is it a level above that?

If it's just stocks I theoretically own a few in Disney somewhere. It was a gift for being born.

[–] nibbler@discuss.tchncs.de 17 points 1 week ago

If you hold a share, you hold a share. makes you a share holder imho.

also: congrats on being born from me, too!

[–] Flower@sh.itjust.works 15 points 1 week ago* (last edited 1 week ago) (1 children)

You're one of many minor shareholders. They give you in theory some say in the company, with one vote per share, but in practice you're ignored. Then you have the major shareholders, owning millions in shares, and having some to big influence in the company. These are the people they invite to shareholder meetings. And then there is the special class of shareholders, think of Musk and Zuckerberg, that own now billions in shares that give them 10 votes per share for example so nobody can outvote them.

[–] evasive_chimpanzee@lemmy.world 9 points 1 week ago (1 children)

I never understood how special shares were legal. I mean, I do understand that it's because the ownership class wants it that way, but it's insane.

It's literally letting people have their cake of controlling a company while eating it by selling the company off simultaneously.

[–] PyroNeurosis@sopuli.xyz 2 points 1 week ago

Some special shares are cheaper, but you don't get a vote. Those shares are for the sort that just wanna ride the corporate wave without any "guilt".

[–] someguy3@lemmy.world 10 points 1 week ago* (last edited 1 week ago)

Yes, a shareholder is one who owns stocks. But you can say there's another tier, if you own say 10% of a company's stock you may actually get to influence how the company runs. That is called the board of directors. They decide what path the company goes down, the CEO, etc. (Technically it's the shareholders that decide, but your 1 millionth voting power isn't doing anything when your local billionaire has a billion dollars more stock than you.)

[–] village604@adultswim.fan 6 points 1 week ago

Yes, a shareholder is someone who owns part of the company, which is what stocks/shares are.

There are different stock types, though. Common stock is what everyone thinks of when they hear stocks/shared. You own a portion of the company and can vote on stuff, and maybe get some dividends.

Then there are preferred stocks which are basically a hybrid stock/bond with a fixed regular dividend. They also get first claim to the company assets if it goes under, but they usually don't have voting rights. Then there are subtypes of preferred stocks.

[–] Ilovethebomb@sh.itjust.works 5 points 1 week ago

Yes, you're a shareholder. It just means you own shares in the company.

[–] Imgonnatrythis@sh.itjust.works 4 points 1 week ago (1 children)

Sounds like something a shareholder would say.

[–] Viking_Hippie@lemmy.dbzer0.com 2 points 1 week ago* (last edited 1 week ago)

Sounds like something that someone who says things would say.

[–] Formfiller@lemmy.world 9 points 1 week ago

They’re listed in the Epstein files