Owned (stocks)
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Brandt said he enjoyed being a meme, and he did frequently use the catchphrase, although he did say that his high school English teacher would not have approved of his usage of "ain't".[6][20]
Teach needs to get with the times. Ain't is a valid word. It's even in the dictionary.
It's a common and well-understood word, you're completely correct, and really any word is a valid word, although it's pretty clear the teacher was trying to teach formal English habits (which unfortunately can be useful to know) and it ain't that.