The Bullhunters Guide to the US Stock Market
Learning about the US Stock Market or any market for that matter takes time and this handy eBook is here as a reference of how companies come to be listed on the US Stock Market and how the market operates and what makes it tick. The Bullhunters Guide to the US Stock Market is available to download here now.
Over the next few weeks I will be taking excerpts from the Bullhunter eBook so we can break it down a little and get to know it better.
Who Owns Wal-Mart
We should all know that no one person owns Wal-Mart (WMT) or any company for that matter which is listed on the stock exchange. From the eBook…
The Walton family, famous for having five of America’s ten richest people amongst its ranks, does not own Wal-Mart either. Even Sam Walton the legendary founder of the world’s largest private employer did not own Wal-Mart for the final few decades of his life. At least not entirely.
Wal-Mart is a Public Corporation owned by its shareholders. A public corporation is a company whose stock is traded on one of the major exchanges, the NASDAQ, the OTCBB or the Pink Sheets.
The vast majority of public corporations are required to register with the SEC which is the Securities and Exchange Commission. This is the governmental body charged with maintaining and regulating the financial markets in America.
So unlike Mr Fenders corner store or Bob’s chain of supermarkets (fictional entities not listed on the stock exchange), you can be an owner of Wal-Mart too. All you need is a brokerage account and enough money to purchase one share. Currently trading at just below $50USD.
Sam Walton
Sam Walton was known as a man who never took chances and was regarded as a leader rather than a follower. He grew up during the depression and it seemed that he was always fighting an uphill battle which did not perturb him at all.
He was a man of vision and when he first incorporated Wal-Mart, it was because the growth was happening very quickly and he could not expand unless he took investors on. This was the birth of the Wal-Mart company on the US Stock Market.
Charging On
We have previously talked about Sean Rasmussen from Universal Wealth Creation who generously wrote and made this guide available as a free download for us getting a second eBook instalment from The Bullhunters Guide out so come on in and show him some support and patience as he is busily gathering information to put it together. I for one cannot wait to read about being a Sharelord ® and renting shares. Can you…
Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 – 2007
{ 2 comments… read them below or add one }
Hi Ange,
Did Sam Walton list his company on the stock exchange because he needed to raise money so that he could keep expanding his company? Is this the big reason that most companies take on investors?
I think that once you take on investors, you lose control of your own company. You can’t do what you want with it any longer. I think what you do is driven by how happy your investors are with the money you’re making them. But, maybe I have it wrong.
That’s a great post thank you.
I like the sound of Sam Walton, he had guts and determination. It’s a pity we have to fight for things sometimes, it would be great if we could be listened to and heard and then negotiate so that we can all have a win win.
But it’s always great to have the courage to speak up when things aren’t right. Regardless of the outcome, speaking your truth is important. No change can happen if you don’t.