Voting
your stock proxy is important, but perhaps not for the initial
thought that may come to your mind as a stockholder.
The truth is, it’s not easy for the average investor, of even Wall Street professionals to evaluate management. So it’s not an easy task to know or differentiate good management from bad.
The truth is, it’s not easy for the average investor, of even Wall Street professionals to evaluate management. So it’s not an easy task to know or differentiate good management from bad.
On Wall
Street, the pros tell you that good management makes money and bad
management doesn’t, which is simplistic, as I have explained in
detail before.
But proxy votes are important for yet another reason. They’re being used by certain groups as political weapons which have little to do with pure investment options. They have become a means of foisting on management social efforts that ought to have little place in the corporate sphere, but are purely governmental problems, to be considered by government and not private corporations. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
But proxy votes are important for yet another reason. They’re being used by certain groups as political weapons which have little to do with pure investment options. They have become a means of foisting on management social efforts that ought to have little place in the corporate sphere, but are purely governmental problems, to be considered by government and not private corporations. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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