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We're all stockholders, and anyone with a 401k is, by way of Vanguard and Blackrock.
by refenestrator 6y ago
We're all stockholders, and anyone with a 401k is, by way of Vanguard and Blackrock.
- WalterBright 6y agoSo don't invest in corporations who you believe overpay their CEO.
- refenestrator 6y ago1) The CEO compensation, while grotesque, is a drop in the bucket. Would I avoid eBay because they've employed a revolving door of terrible CEOs? No, I avoid them because they're a bum opportunity. The CEOs know this, better ones go elsewhere, yet somehow they still pay top dollar for the leftovers they can get. Good company, bad company, the CEO compensation won't drive the stock price. It's still grotesque and unnecessary, you could pay half or less and get the same mediocre result in most cases. 2) I lied, I don't avoid eBay. I buy the same index funds as everyone else. Shareholder activism is a myth right now unless you're one of a very few people controlling in actuality a very small % of the market.