Re:Student Debt Giant Navient to Borrowers: You’re on Your Own
by anigbrowl on Monday April 03, 2017 @04:12PM
(#14026680)
That's why people put pressure on the administrators of pension funds to invest or divest in accordance with political goals.
Re:Student Debt Giant Navient to Borrowers: You’re on Your Own
by metaphorm on Monday April 03, 2017 @04:08PM
(#14026634)
there is asymmetry of purpose as well as asymmetry of net worth. an individual mega investor spends as much as he (or she, but lets be honest, its almost always he) wants on anything at all. a class of several tens of thousands of investors in a collective will struggle with their decision making in all the expected ways.
Individual mega-investors are no doubt powerful, but what about investor collectives. if a single company and/or entity can take on even 1/10th the power of Icahn collectively, it is something worth considering.