Replies to post #3821 on Affluence Corp (AFFU)

[Dj56]

An index fund count?

DB = A SPECIAL, SPECIALIZED INDEX FUND?

[oldstocks]

Instead of having a controlling interest in one company the holding company gets to hold an interest in multiple companies.

All the companies can benefit

Are you sure you never owned stock in a holding company? There are companies that you may not even think of as a holding company. Chances are many people have their money in a holding company.
Some of the oldest companies are holding companies, see below:
Here is an example:

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784

Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California.
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, Al, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel and footwear products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998



This may help
https://wyomingllcattorney.com/Blog/What-is-a-Holding-Company#


We all have used or purchased something from a company that is or was owned by a holding company

[TJG]

Multiple times I have been in a holding company. And there are a ton of people in on who have on idea that’s what they own.

Here are a few … first one on the list is kind of interesting

Holding Companies
From sources across the web

Berkshire Hathaway
…
Subsidiaries: Dairy Queen, GEICO, HomeServices of America, BNSF Railway, See's Candies ...

Alphabet Inc.
…
Subsidiaries: Google, Waymo, Calico, GV, CapitalG, Vevo LLC, Wing, Jigsaw, Vicarious

Publicis Groupe
…
Subsidiaries: Publicis Sapient, Saatchi & Saatchi, Spark Foundry, Publicis Brazil, Starcom ...

Tide Rock

[oldstocks]

More holding companies

Comcast Corporation (NASDAQ:CMCSA)

Market Capitalization as of March 15: $151.44 billion

Comcast Corporation (NASDAQ:CMCSA), headquartered in Philadelphia, is one of the largest American multinational telecommunications conglomerates and holding companies. Its broadband, wireless, and video services include Xfinity, Comcast Business and Sky Brands, and its media empire includes Universal, Sky Studios, NBC, Telemundo, and Peacock streaming.

The Walt Disney Company (NYSE:DIS)

Market Capitalization as of March 15: $171.87 billion

The Walt Disney Company (NYSE:DIS), commonly known as Disney, is an American multinational, mass media and entertainment conglomerate and holding firm that is headquartered at the Walt Disney Studios complex in Burbank, California. Through its many subsidiaries, Disney has an expansive entertainment empire, which includes the ownership of cable television networks such as the Disney Channel and ESPN, publishing, merchandising, music, and theater divisions; and direct-to-consumer streaming services such as Disney+.