Part 5/8:
Changes in trading costs and commission structures which have made investing in high-priced stocks more manageable.
The rise of fractional shares, allowing investors to buy portions of shares in expensive companies.
Case Study: Facebook’s Proposed Stock Split
The conversation took a turn toward a specific case with Facebook’s proposed stock split, which would involve the creation of non-voting class C shares. Lewis explained that while the company currently has class A and B shares, with Zuck receiving a significant portion of the voting power via class B, the new structure would enable Zuckerberg to maintain control while facilitating his philanthropic endeavors through the Chan Zuckerberg Initiative.