Re:Index Investing Makes Markets and Economies More Efficien...
by EliRivers on Wednesday September 20, 2017 @06:56AM
(#15292345)
There's always the bond market - loans, effectively. They could also sell non-transferable ownership; effectively a stock that couldn't be sold on. You get dividends and a say in how the company is run. That would drive stockholders to seek long-term sustainable profits rather than share price spikes, which sounds like a pretty good thing.
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