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I'll accept that if there's a vote that doesn't affect you, and you aren't qualified in the particular area, then you may not be adding much by voting, I don't
by benj111 7y ago
I'll accept that if there's a vote that doesn't affect you, and you aren't qualified in the particular area, then you may not be adding much by voting, I don't think you can extrapolate that out to not voting at all, which is what my original parent was suggesting.
I'll go further and accept the mere possibility of you being able to vote prevents the very worst outcomes.
I'm doubtful you would knowingly have a worse than average opinion though, Dunning Kruger (and the reverse) I would guess, would dominate, so if you think you're worse than average, that would make you better than average, and make you duty bound to vote to cancel out the guy who thinks he knows better.
Question.
If I created an index and tracker that tracked low carbon companies, and that tracker voted against things that would increase the carbon intensity of it's businesses, would that tracker still be passive?
I would say yes, it is still tracking an index, and its following simple rules to further the aims of that tracker, and by extension, it's investors