Re:The Long-Term Stock Exchange Opens for Business
by imagin8or on Wednesday September 09, 2020 @09:09AM
(#24420596)
So you make a fund which holds the stock of the listed company long-term, and trade the fund as normal... this doesn't seem robust yet.
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Re:The Long-Term Stock Exchange Opens for Business
by liminvorous on Wednesday September 09, 2020 @09:25AM
(#24420742)
This would add a level of indirection to stockholders trying to influence the company though, right? You have to make the fund managers put pressure on the company to give you short term gains, rather than pressuring the company directly.
Re:The Long-Term Stock Exchange Opens for Business
by andreareina on Wednesday September 09, 2020 @10:00AM
(#24421042)
In a prior post the founder claimed that there are ways to deal with that. After all, AIUI stocks in the States are already actually held by the Depository Trust Corporation, so the system already deals with indirection.