this post was submitted on 04 Oct 2024
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By institutional investors I’m guessing you mean pension plans and mutual funds. Which means a lot of average working people who have invested for their retirement.
I thought it said "equites" and assumed they were talking about horses
Looking at the etymology of "equities" everything claims it comes from "aequitas," the Latin word for "justice, equality, conformity, fairness," but I find myself wondering if it's also related to the "Equites" or "equestrian" class (the class just below the aristocratic "patrician" class, basically being defined as mechants/businesspeople wealthy enough to own horses). Frankly, it would fit just as well.