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To: Stallone
I always get these little things called "proxies" from companies I hold stock in. They ask me to vote for things like board members etc. I always vote them. It's quick and easy, you can do it online too.

Lots of other people get these things, but most of them file them in the circular file. Then they bitch about things the company does. Dumbasses...

Bitching about "corporate malfeasance" when you're a shareholder but not voting is kinda like bitching about the state of the nation and not voting. Worse yet is when people bitch and they're not even shareholders, it's none of their business...

20 posted on 01/17/2007 10:22:01 AM PST by Axenolith ("pound pastrami, can kraut, six bagels – bring home for Emma")
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To: Axenolith

By the time a shareholder sees a return, a lot of money has been spread around to company insiders.

And more power to them.

I am lucky, and I understand not everyone has the opportunity to do what I do.

I have come to realize that by far my best option is with hands-on investments, such as real estate and small business.

I get to make all the decisions that directly impact the bottom line, I learn a lot, the returns are outrageous, and I can stop worrying about boardmembers I will never meet.


21 posted on 01/20/2007 5:27:29 AM PST by Stallone (War and Politics: When the Enemy begins to feel pain, they change their behavior to avoid it.)
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