Every share is a voting share. There are a small number of weird cases (e.g. Meta super-voting shares limited to Zuck), but your statement is broadly false.
Yeah. For comparison, SpaceX will be maybe half the size of MSFT. MSFT is 7.4% of the SP500 index, so for a $1,000,000 portfolio if you were to short MSFT you'd pay 0.25% on the value of that 7.4%, or $185/year.
So eliminating SpaceX exposure will cost you $100 per million of your SP500 ETF per year, or so.
> it created a massive 'zombie company' problem—a heavily discussed issue in Korea and Japan that the West seems largely blind to
Zombie companies in the west are mentioned as a low/ZIRP phenomena. But the west shouldn't have as big an issue with those because companies, when less diversified, get killed off more often by interest rate hikes.
> you have a firm that has lots of lifetime employees who can’t be fired, and whose skills are tailored to what your firm needs rather than to a particular occupational category transferable to any employer
> the system only makes sense if the company is also insulated from outside pressure
> the J-firm [Japan-style company], run by its employees and largely indifferent to the interests of shareholders, exists simply to continue existing
> And that basic impulse toward survival is why Japanese companies are so insistent on diversification. If you’ve made a commitment to keep people employed for life, then you need to create jobs for them if their current jobs stop making sense
> If you’re not very worried about profitability, and have lots of well-trained generalist employees, then it makes perfect sense to reinvest your company’s earnings by expanding into new industries
Because the article's question is 'how did America get so sad' and the answer is 'because it lost Christianity' because Christianity makes people less sad.
You seem to think that the only way to eat a cow is to raise it. Humans have been hunting before a long time. Before cattle were domesticated, they were wild, and were hunted and eaten. So were other ruminants with similar meat flavors.
So yes, cattle (and their ancestors, and their relatives) have been human food since the dawn of man.
> Inflation is a common red herring that people arguing in bad faith throw at policies they don't like, because most people don't know enough to reject it.
That's very dismissive. Since you know so much, why don't you try to reject it?