3 ms·

Who elects the board?

• lotsofpulp 1y ago
  Various shareholders, or fund managers on behalf of shareholders. What difference does it make? It is still inconsistent to blame “Wall Street” for one company when the SP500 has plenty of examples of success.
  • tonyedgecombe 1y ago
    Wall Street has more examples of failure than success. It's just that the returns from the successes outweigh the losses from the failures. They could be making decisions that are good for the SP500 but bad for Intel.
    • lotsofpulp 1y ago
      All businesses (endeavors, even) have more examples of failure than success.