Weird thought but bare with me.
But company stocks are based on the value of a company’s holding and possible profit, but we are giving a huge amount of that back to the C-Suite and stock holders (mainly C suite and hedgefunds).
By doing that, it means the stock value isn’t based in physical assets and actual things right?
It means people think the value held is in the least productive employees who are still able to die unexpectedly.
Its not a real asset to build on.
Does that mean if we see a huge CEO die the price will plummet as their main asset is gone?
Maybe the real shower thought is:
I think the ultra-wealthy are trying to digitize themselves cause they know their wealth is based on themselves and nothing real so a digital version of themselves could live on and make more money in their mind.“But company stocks are based on the value of a company’s holding and possible profit”
You are going to want to challenge yourself on this assumption. I doubt it’s ever been true. Edit: a minor factor for some at best.