Re:Bogle Sounds a Warning on Index Funds
by whack on Friday November 30, 2018 @04:35PM
(#18572870)
Index funds don't discriminate against stocks, but they can discriminate against directors and executives who don't deliver their desired profits and returns. Ie, by voting them out. This is already starting to happen. See: https://www.barrons.com/articles/passive-investors-are-the-n...
[ Parent
| on HN ]
Re:Bogle Sounds a Warning on Index Funds
by scott_s on Friday November 30, 2018 @08:43PM
(#18574453)
I mostly read about passive firms voting more on special issues like climate change or good governance. Where did they they talk about voting out directors who didn’t deliver profits? (Honest question, I mostly read the article, then came back to it and hit a paywall.)
Re:Bogle Sounds a Warning on Index Funds
by whack on Saturday December 01, 2018 @12:01AM
(#18575283)
> Michelle Edkins, BlackRock’s global head of investment stewardship. “It’s not just about climate. It comes back to the point of governance as a lens, and when it’s not serving shareholder interests, it’s a flag.”