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Funds hold 67.73% of Apple (AAPL) stock and they just rubber stamp managment decisions. Rise of passive index funds have made it easy for management, they are p
by kappi 2y ago
Funds hold 67.73% of Apple (AAPL) stock and they just rubber stamp managment decisions. Rise of passive index funds have made it easy for management, they are passive managers. When is Tim Cook getting fired?
- blackeyeblitzar 2y agoInteresting. I haven’t really thought about the effect on managers. So basically passive fund managers don’t demand performance from executives like Tim Cook?