02-14-2012, 11:03 AM
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#495
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: 'Occupy' types
Quote:
Originally Posted by SirClintonPortis
Oftentimes, the biggest owner of stocks are investment companies who sell things like mutual funds, and a fair amount of Americans do invest in mutal funds. Apple, for example, has 70% of its shares held by "Institutional and Mutal Fund Owners".
And while the rich might support certain favors from government, at the same time, they are vying for customers. Every business owner, no matter how large or small, will fight for survival of their own before anyone else.
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Iwas going to explain that to him but was too lazy.
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