Quote:
Originally Posted by Norm K
Take a look at the continued slump in oil prices then decide if you really want poor little Shell Oil Company to suffer further at your hands ...
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That is not the issue at all, but ........
Take a look at who owns Shell Oil company.
The vast majority of shares are owned by mutual funds. That means that regular old people like you and me who have a 401K are who owns most of Shell.
Some people see a large corporation as some sort of giant evil monster. That's what they teach their kids in Moscow.
I see it for what it really is:
94,000 people working together to supply good products to their customers, working hard to make sure the company remains viable and healthy so they can remain employed and prosper and make their mortgage payments.
I see millions of small time investors putting a little money aside in hopes of making a small but reasonable profit and having enough money some day to retire and live reasonably comfortable without having to worry where the next meal will come from.
I see it as something beautiful that improves the lives of millions and millions and helps us ALL enjoy the incredibly high standard of living we are blessed with.
think about it: go back 100 years and pick out any king or queen alive at that time. Take a look at their standard of living and compare it to ours.
We are so much better off than even the wealthiest were back then, and all we can do is take it for granted.