I love fiction!
agreed, but in this case i meant specifically their ESG rules with respect to ERISA fiduciary prudence
edit: okay iâm logging off thatâs enough internet for one night lol
Thatâs a provider issue imo not a corpo one. Have a good night.
You are correct on nuclear.
Still donât see why you are trying to convince me that I donât know what a shareholder is though.
A shareholder owns a stock or interest in a publicly traded company.
Are you just trying to insult my intelligence or do you have a point with that line of reasoning?
Or covid casualties. Ignoring that even just 1 percent of earths population is a lot of freaking people
Yeah, my point is that you were talking ill of shareholders and Iâm trying to point out that half the country or more owns shares in something. So this constant talk about punishing shareholders or âthink of the shareholdersâ is actually really cringe.
Would anyone in Arizona even notice the difference?
No, I imagine they will all be dead.
i think they were referring to institutional shareholders, not Joe IRA who indirectly owns 17.23167 shares of AT&T through his target date fund without knowing it
Probably shouldnât get involved in blind trusts then.
The, âI didnât know they were doing thatâ excuse is just as cringe.
Very hot!
Another hoax for sure.
They may have been, but thatâs still flawed because retail investors canât just be ignored in aggregate.
True, some large blue chips and mega caps have high institutional ownership, but out of the 5000+ listed stocks a large majority of them do not.
blind trusts arenât relevant here. thereâs little to no transparency on a lot of these modern funds. you donât get a prospectus that says âweâll invest 30% of your assets in Activision Blizzardâ or whatever. i agree with your greater point but itâs more subtle than just âeveryone should know what every penny they have is doing at all timesâ
None of what I mentioned were blind trusts. I was talking about a simple IRA or 401k, by your definition, those people are financing those companies by buying and holding shares. They arenât doing anything inherently wrong.
Thats already happening now lol
the problem is social security is a scam and robs people giving money to losers who do not take responsibility and save for retirement.
I personally subscribe to the theory that weâve been belching massive amounts of crap into the atmosphere for a century and that cannot be a good thing with zero consequences.
Climate change aside, the amount of people that die from pollution is staggering. Factor in energy generation too and youâre talking about millions of people a year.
For nowâŚ
My brother is an Electrical Engineer. Mostly doing commercial/utility power stuff. People take the power grid for granted here in the US. It isnât too far fetched to game out a scenario where the SW US could be without power for a couple of weeks during a heat wave. Which is would be⌠badâŚ