Common stock is more than just a piece of paper; it represents
a proportional share of ownership in a company — a stake in a real, living, breathing business.
Each share of stock represents
a proportional share of ownership in the company.
Not exact matches
When a corporation is created, each owner is issued
shares proportional to the percentage
of ownership.
Ben Graham's system involves four bedrock principles, two
of which Charlie Munger introduces here: 1) a
share of stock is a
proportional ownership of a business and 2) buy at a significant discount to intrinsic value to create a margin
of safety.
Such payment increases the number
of shares each holder owns but does not alter a shareholder's
proportional ownership of the company.