You're confusing common stock (what most people buy) and preferred stock. The common stock doesn't entitle you to the dividends of the profits, it only gives you the voting rights. The preferred one does.
Common stock is also shielded against liabilities, as in it can go to zero, but can't go negative. Equity can.
Common stocks are really strange, they are much closer to tokens, than to actual pieces of the company.
Common stock is also shielded against liabilities, as in it can go to zero, but can't go negative. Equity can.
Common stocks are really strange, they are much closer to tokens, than to actual pieces of the company.