RE:RE:RE:RET vs RET.AAs retail, you're right.. there's no value to the vote to me as I can't be an activist shareholder which is why I'm in just Class A non-voting here.
It's more of value to the institutions who can obtain enough voting shares to have an impact. That's more of what I meant by the difference in value between voting & non-voting shares. It's been a while since I looked into the corporate finance theory behind it.. so I can't remember if there's any an excess value to voting shares only if you're able to obtain a sufficient block.
For RET, I think the family owns so much of the voting shares, that it will never make a difference for a retail investor to own it.. as no one will ever get a say. So the premium for voting shares here probably doesn't make sense theoritically right?