KThomp19,
Boy do I agree with you on 98% of everything you have written, but sadly this post is in the 2%. Any functioning market is based on risk, opportunity, patience, as well as a gigantic amount of luck, persistence, analysis, & fortitude. The reward is a potential payoff, with absolutely zero guarantees.
Your post misses by a wide mark, but it did make me pause b/c a LOT of smart people (mostly from the Left, but not exclusively) seemingly think in this manner. Personally, this has the potential to End the Great American Experience/Republic, but hey, Rome fell too.
First, it is not based in Law, though the Law seems to change daily, and you correctly point out yours is a moral argument.
If a Spanish-owned galleon filled with Treasure mined on the backs of indigenous Indians in Colombia, visits Cuba, yet sinks off of Florida, who does the Treasure belong to? Spain, Colombia, Cuba, Florida? A Fund for Current Indigenous People since those directly affected (oppressed miners) are long since deceased? Should the Hemisphere receive the Collective lions share even though the $$$ will likely end up in some corrupt group/bureaucrat(s) pocket? Does the Treasure belong to the world and thus should be distributed to everyone living and breathing equally -- Putin and XI included?
Bottom line, any owner(s) who sold their shares, probably primarily for tax reasons, and had every opportunity to 'buy back', legally OR morally, has no claim. Being facetious, but supposed those investors took their $$$ and bought the FANNGS and made millions? Let's also say some got depressed and spent their $$$ on booze and drugs?
NO WAY to be able to cost effectively determine these, or any, outcomes. Only the Sale from the Seller. Only the Buy from the Buyer?
Just disagree with your thinking on this. Utopian IMHO. It seems to fail on the: Legal, Moral, Common Sense, Cost-Effective Fronts.
Keep the thoughts up! Yours are most intriguing!! TIA
