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Figured it out yet? (media.gab.com)

posted 1 year ago by Swervish 1 year ago by Swervish +321 / -2

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– Swervish [S] 2 points 1 year ago +2 / -0

Yeah. Majority stockholder usually holds under 10%.

Over 10% is a 'controlling position' not allowed by most investment vehicles, ie mutual funds. Anti-Monopoly law I believe.

That's why Warren Buffet's Berkshire Hathaway owns such little stakes in so many micro-cap companies. He says he would LOVE to own more of the small stuff, but he is capped out at the 9.99% level, on thousands of them, and cant go higher.

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– MudFlood 1 point 1 year ago +1 / -0

Ah thanks. Very good to know! Appreciated anon.

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