There Is a HUGE Inefficiency In The Stock Market
5 min readDec 29, 2022
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Something is seriously messed up in the markets.
Background
Let’s quickly go over some background knowledge that will allow you to understand the inefficiency.
Companies sometimes go public offering two classes of shares. Using Google for example, the Class A shares are represented by the ticker symbol(“GOOGL”) and the Class C shares are represented by the ticker symbol (“GOOG”). As is usually the case, this dual-listing is done so that the founders can retain disproportionate ownership of…