Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If you want to play with share definition, here are a few things that I would suggest:

  • right now when an individual buy shares indirectly (mutuals funds, retirement invested in stock, ...) two rights are transfered: the right to choose what stock to buy (let's say rightly so) and the right to vote at shareholder meetings. I would cancel this second right: your money manager does the stock picking, but you get to vote.

  • currently to get a dividend from a share, you just buy it at the right date five minute before closing and sell it the next day, you get the same dividend as someone who held the stock for a full quarter/year or more. I would link the dividend paid to a given to the time the holder hold on to the share.
by Laurent GUERBY on Sun Sep 10th, 2006 at 04:34:30 PM EST
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