view the rest of the comments
news
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
I have a prior career in equity research and M&A. It was always shocking to me how little direct involvement there was with institutional investors. They typically just try and find competent people to sit in their place on the board, but these board members are so disconnected from the businesses themselves. Most board members sit on the boards for multiple companies and are involved with any one company for a day or two each quarter, and that’s about it.
I am also very curious to see how the growth of passive investing, index funds, managing investments by sector/asset class, really any sort of investing other than single business-level among institutional investors impacts the future of capitalism. Vanguard invests almost entirely this way. 40 years ago this type of investing was much more rare, now it’s the dominant form. They aren’t interested in the performance of a single company, only the performance as a sector / asset class / economy.
I have been doing some research into this (also where I got the figures above from), and it seems that the institutional investors generally don’t actively engage in the decision making process (i.e. leaving it to the board of directors), but what they found is that the board of directors could already have adjusted their behavior, on their own, to track with the investors’ goals.
https://www.cambridge.org/core/journals/business-and-politics/article/hidden-power-of-the-big-three-passive-index-funds-reconcentration-of-corporate-ownership-and-new-financial-risk/30AD689509AAD62F5B677E916C28C4B6