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I find this trend of holding voting shares separately a future issue. I know people should invest with their eyes open but this seems to be bending the rules to
by Gustomaximus 10y ago
I find this trend of holding voting shares separately a future issue. I know people should invest with their eyes open but this seems to be bending the rules to me. If your selling equity you should be selling right to influence and surprised its not an exchange rule forcing voting rights to ensure their companies dont become dynasties run by minority 'a-class' share holding family members out to milk the company...cough cough paint company that wont be named.
- tedunangst 10y agoYeah, much the same can be said for GOOG. It's like a weird variable rate (currently 0) bond of infinite duration, not a stock.
- AstralStorm 10y agoVery similar to an index fund, except this one is indexed in stock of this company.
- tedunangst 10y agoHuh, I hadn't thought of it quite that way before. Something to ponder. Most ETFs seem to just vote the default, but I think maybe some pass through proxies.