Money?
MSFT
AAPL
GOOGL
XOM
Who the hell would invest in Target?
I’d like to see Trump and DeSantis speak to this - companies like Vanguard should be required by law to seek the best return on investment for their clients. They should not be allowed to use their clients’ money to push any political or social agenda. Will Trump or DeSantis do anything to push legislation requiring mutual fund companies to do what’s best for their investors?
Just keep boycotting all of these companies.
Vanguard index funds. I was lucky in that I had many self-directed choices including index funds for my 401k. I do feel for those with limited choices.
“BlackRock, State Street and Vanguard”
Like George Soros and Klaus Schwab, except they’re big financial institutions.
I’ve been wondering how they all went so crazy so fast ?
They just need to get enough ESG types in place and the company will go woke. The fund manager doesn't care how any individual stock performs. It's an index fund he gets paid to invest across an index at the lowest fee to the investor as possible. The strength of individual companies within that index is of no concern.
This is like Union dues where the leaders of the Union give money to politicians that many in the rank and file of the union don't like.
The voting rights should be given to the investors of the fund in proportion of their percentage investment in the overall fund. But that's an expense no one wants to pay for hence we have the situation we are in now.