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A comment on A Professor Who Was Right About Index Funds All Along. Parent comment

Re:A Professor Who Was Right About Index Funds All Along by countingteeth on Sunday October 23, 2016 @10:39PM (#12776502)
No. Fund shareholders do not get a proxy vote in the underlying stocks. Not with Vanguard or most large funds anyway. The fund votes. And the fund managers and analysts will have a lot more resources and information on their holdings than fund shareholders.

That being said, there are all sorts of problems with the incentives here.

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Re:A Professor Who Was Right About Index Funds All Along by Ericson2314 on Sunday October 23, 2016 @10:46PM (#12776524)
Oh the link above mentioned proxy votes, but to be honest I only skimmed it.

Yes what you say does sound worrisome.

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