There is this story how Microsoft wanted/wants to buy Nintendo but was laughed out of the room. Is nintendo not a stock company? Couldnt Microsoft just buy 51% of all the shares? From what Ive seen the biggest shareholder is a japanese bank with 17%. Its not like somebody already owns the half.
In: 1530
You’re getting a lot of good ELI5, but important extra bit here. Stock transactions for the average person looking at Robinhood or a similar app seem like it’s just going into the store, putting the item in your cart, and checking out and taking it home.
When you want to buy a single share of a stock that has hundreds of thousands or millions of shares out there, that’s easy to do, like buying a loaf of bread at the store.
But when you decide you want to buy 51% of all the bread that grocery chain has on its shelves across the country right now, you’re now in an entirely different world. You’re not spending dollars, you’re spending millions to billions of dollars, not to mention the logistics of putting together all that bread from all the different locations of that store.
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