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The idea that I can't criticize pathological behaviors by investors because I myself invest in things makes about as much sense as saying I can't criticize bad
by chc 9y ago
The idea that I can't criticize pathological behaviors by investors because I myself invest in things makes about as much sense as saying I can't criticize bad US policies because I live in the US.
- pstuart 9y agoLove it or leave it! /s
- lostlogin 9y ago'Every nation, in every region, now has a decision to make. Either you are with us, or you are with the terrorists.' Bush.
- bluGill 9y agoYou are the investor causing the pathological behavior. A very large part of wall street is investors like you that just have a little bit in their retirement accounts. Do you vote the proxy for all the funds in your 401k? Do you understand how your vote affects the above - it all does.
- s73ver 9y agoWrong. I am not telling any company to treat their employees like crap to squeeze an extra penny of profit out of them.
- bluGill 9y agoBut you are because you own the fund that in turns owns the company. It might not be your intent, and you might not have enough of a vote to stop it, but you are still doing it. (sort of like Americans opposed to the current foreign policy are still at fault for it)
- s73ver 9y agoNo. I reject your idea in its entirety.
- emodendroket 9y agoHow am I at fault for a foreign policy if I voted for its antithesis (or, perhaps more likely, nobody with that position stood for election)?
- michel-slm 9y agothere's a way to be an ethical investor - pick a 401(k) fund that invests in ethical businesses (according to whatever ethical standard you hold). This might not be an option for everyone, of course.