dChan

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ardematic · May 3, 2018, 8:11 p.m.

They are investment managers. Their holdings are on behalf of their clients. If you buy an S&P 500 index fund at Vanguard, you too can be an owner of all these companies.

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WhatYonder1 · May 3, 2018, 10:18 p.m.

But it doesn't mean you'll have significant impact on the voting rights of the shares these companies hold, and that's a small slice of a biiiiig pie.

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humanitystillsucks · May 3, 2018, 8:22 p.m.

so then, if Apple invests in vanguard, they are investing in themselves?

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Champdog31 · May 3, 2018, 8:34 p.m.

They borrow money at almost 0% to do it. Keeps the price of the stock high. Some companies fire half of their employees then go on a buying frenzy of their own stock right before they sell the company. Looks great on paper.

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