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A comment on Facebook shareholders are getting fed up with Zuckerberg but can’t do anything. Parent comment

Re:Facebook shareholders are getting fed up with Zuckerberg ... by scarletham on Wednesday April 17, 2019 @04:10PM (#19686054)
Yeah, definitely good points. Even with a department looking after voting, they're not nearly as "vested" in the results of their voting as something like an actively managed long value fund is.
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by repsilat on Wednesday April 17, 2019 @07:35PM (#19687364)
They also have large conflicts of interest -- they don't just own a big chunk of a company, they own a big chunk of its competitors too.
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by ahartmetz on Thursday April 18, 2019 @02:09AM (#19689080)
Index funds are agents of their certificate owners, so no principal-agent problem. Seems fine to me.
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Re:Facebook shareholders are getting fed up with Zuckerberg ... by repsilat on Friday April 19, 2019 @09:44AM (#19699521)
It's not principal agent problem, it's a competition problem. Maybe Sprint can't buy T-Mobile, but if Vanguard owns both it amounts to the same thing.
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