Guess why I'm out of the stocks game other than the occasional gamble of meme stonks. I'm German, we don't need it either way.

The thing is, we allow corporations to become (way) too fat. When a corporation grows too big, it grows uncontrollable as well - once the complexity of any corporation grows so large that there is no way for any single person to understand at least the basic scopes of everything the corporation's parts do at the same time, all kind of auditing and oversight becomes a sham, no matter if internal (boards) or external (consultancies, auditors, regulatory agencies).