• CanadaPlus@lemmy.sdf.org
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    2 days ago

    So who do you mean by shareholders? The ETF that I buy so I don’t have to manually buy the whole market, or a pension fund? Funds are the only other thing I can think of that I’d describe that way.

    • pineapple@lemmy.ml
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      2 days ago

      Sorry I don’t get what you mean. Of course you don’t have to invest into the hole market when you buy a share.

      • CanadaPlus@lemmy.sdf.org
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        2 days ago

        I mean, it’s recommended to. Diversification, right?

        But that’s besides the point. I’m just not sure what you mean by shareholders here. They really come in those two types: individuals, and funds that issue their own shares which you can then buy. If you’re fine with individuals holding shares, I don’t really see why you’d have a problem with the funds.

        • pineapple@lemmy.ml
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          1 day ago

          I didn’t explain it very clearly, I dislike the idea of shares because it results in a board of directers that all have different and contradictory goals to do with the company so the only thing they can agree on in the end is making money regardless of the ethical consequences.

          Although since it’s one of the best ways to invest the money you have I don’t blame individuals for buying them.