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Kristopher Driver
Patrick Boyle
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Comments by "Kristopher Driver" (@paxdriver) on "The Dumbest Buyout" video.
I don't understand how it is coercive in the eyes of the law to buy shares above market price, but it's not coercive to issue free shares exclusively to the people unwilling to buy more shares at market value. That doesn't sound like free markets. If shareholders want to protect their stakes they can refuse to sell shares and thus drive up the price higher than the would-be takeover artist was willing to pay. It's like we all forgot how functioning capitalism works and just applaud anything that benefits us, calling that freedom. Maybe shareholders should only own what they believe in and maybe they should refuse to sell if they like owning their companies instead of spreading out their wealth so thin that they own everything while also remaining protected in everything without ponying up their own money for said protection? Im just saying we should be consistent. Either we believe we should be able to own businesses and earn money doing nothing but we also want taxpayers laws to protect us for spreading too thin..
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It's just a soma holiday before early retirement probably ;p
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