Re:Bogle Sounds a Warning on Index Funds
by zimablue on Monday December 03, 2018 @04:23AM
(#18587416)
A lot of them outsource voting decisions to companies which exist just to aggregate the most "corporate/sensible" way to vote. So the parent saying "they're not activist investors" is probably true, but then every single vote proceeding along "maximise profit according to a consensus view" lines probably isn't great for society.
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