The way all CEOs should be. Publicly-traded companies are a mistake.
this post was submitted on 07 Dec 2024
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I don't hate the idea of stocks. You invest in a company that needs capital. You own a little piece and get a dividend based of the profits those companies make.
Its the constant growth model, where the value of the stocks have to constantly grow, the "If you are not growing, you are dying mentality." where the growth of stocks became the value and not the reliability of the dividends they provide.
I hate the idea is stocks. Ownership of companies should be split equally between all employees.
And Arizona iced tea has been $0.99 for 30 years
Not in the last few years. They took the hard price off the can designs and now they're 1.39-1.69 depending on the place.
https://www.walmart.com/ip/Arizona-Green-Tea-With-Ginseng-Honey-23-oz/15603565?classType=REGULAR
Walmart lists them at $1.
The official website also claims they're still $0.99: https://drinkarizona.com/pages/about-us
I think it's the fault of the retailer wherever you're seeing that price.
Except the Costco CEO retired years ago. And now Costco is even more greedy than it was.