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Jeff Gramm – Activist Investing - [Invest Like the Best, EP.01]
Invest Like the Best with Patrick O'Shaughnessy
The History of American Capitalism
In the 19 twenties, a g m had a big ownership from dupont. But also, you know, when they made all their acquisitions, they did it with stock. And what happened ultimately is, between the twenties and the fifties, a lot of thosena kind of older capitalists, died and passed away. These a big, a concentrated, a stakes in public companies got a masina entially distributed and diffused out to individual shareholders.
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