Re:Bogle Sounds a Warning on Index Funds
by dasil003 on Friday November 30, 2018 @10:36AM
(#18569803)
Right, because when shadowy groups get unimaginable leverage and power the first thing they do is apply affirmative action pressure to address gender imbalances.
[ Parent
| on HN ]
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Friday November 30, 2018 @10:48AM
(#18569897)
> Right, because when shadowy groups get unimaginable leverage and power the first thing they do is apply affirmative action pressure to address gender imbalances.
Yes, that is exactly what happened, dasil003
https://newsroom.statestreet.com/press-release/corporate/sta...
State Street has 2.7 Trillion AUM
State Street also used that as a marketing stunt to launch an ETF while they were being sued for sexual harassment and pay discrepancies between male and female employees. Marketing is marketing is marketing.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Friday November 30, 2018 @02:02PM
(#18571627)
yes, and also 300 companies added female directors
nothing exists in a vacuum
Nothing exists in a vacuum just like solely attributing companies adding female directors to a marketing stunt. There was large momentum on this front already that would have happened with or without this.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Friday November 30, 2018 @04:24PM
(#18572766)
The point is that this is a positive use of centralized private ownership
The only real rebuttal would therefore be negative uses of centralized private ownership
Re:Bogle Sounds a Warning on Index Funds
by dasil003 on Friday November 30, 2018 @09:43PM
(#18574743)
I never meant to imply positive things couldn’t happen, just that it’s silly to assume one very specific positive thing is the most likely thing to happen.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Saturday December 01, 2018 @05:05AM
(#18576131)
Thats why I gave an example of a positive thing that did happen