Re:Amazon to Acquire Whole Foods for $13.7B
by chc on Friday June 16, 2017 @10:54AM
(#14569535)
The idea that I can't criticize pathological behaviors by investors because I myself invest in things makes about as much sense as saying I can't criticize bad US policies because I live in the US.
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You are the investor causing the pathological behavior. A very large part of wall street is investors like you that just have a little bit in their retirement accounts.
Do you vote the proxy for all the funds in your 401k? Do you understand how your vote affects the above - it all does.
Re:Amazon to Acquire Whole Foods for $13.7B
by michel-slm on Friday June 16, 2017 @02:13PM
(#14571358)
there's a way to be an ethical investor - pick a 401(k) fund that invests in ethical businesses (according to whatever ethical standard you hold).
This might not be an option for everyone, of course.
Wrong. I am not telling any company to treat their employees like crap to squeeze an extra penny of profit out of them.
But you are because you own the fund that in turns owns the company.
It might not be your intent, and you might not have enough of a vote to stop it, but you are still doing it. (sort of like Americans opposed to the current foreign policy are still at fault for it)
Re:Amazon to Acquire Whole Foods for $13.7B
by emodendroket on Friday June 16, 2017 @04:01PM
(#14572199)
How am I at fault for a foreign policy if I voted for its antithesis (or, perhaps more likely, nobody with that position stood for election)?
No. I reject your idea in its entirety.
Love it or leave it! /s