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Re: Has the Right finally awakened?

By: micro in 6TH POPE | Recommend this post (0)
Thu, 08 Jun 23 12:57 PM | 20 view(s)
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Msg. 43256 of 60008
(This msg. is a reply to 43249 by Zimbler0)

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I think its great that you took time to look at and evaluate so called "Board memebers" on companies whose stock you are a holder. Not many will actually do that and not many actually vote either, thus turning over their votes to the "board" members or company itself.

Many board members I have found are basically not qualified to actually sit on the board and help direct the business activities of a corporation that they really have no idea of how it runs or operates with all the various critical departments like Sales, Distribution, transportation, marketing, purchasing, etc....

My dog is smarter than many of them.

IF a business owner issmart enough and savvy enough to start his own business and make it grow and turn it into a small to medium size corporation that is profitable, why would that business owner,(entrepreneur), allow someone else who has not put in the effort, time, expertise, hours, to have say in the ongoing plans for continued growth or operations. I realize that any individual does not know everything and cannot do everything, but setting direction, goals, objectives, is something one person can do and too many bakers make some really weird pies..

So , these are just MY thoughts on companies that started out and have grown into larger corporations that needed to raise capital so they sold stock to raise it and give up a little bit of control but not much.

I simply have a problem with so called "board" members who really have no skin invested in someone else's hard work and dedication and if that owner really needed any expertise, or additional opinion, he or she could always have plenty of that from multiple places and not need "bored" members.





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The above is a reply to the following message:
Re: Has the Right finally awakened?
By: Zimbler0
in 6TH POPE
Thu, 08 Jun 23 12:57 AM
Msg. 43249 of 60008

Micro > Board members and execs heads need to roll. There is no trust by real investors in those woke board members.


All too true, Boss.
Though I suspect that, at least until recently, most investors had no idea just how 'evil' the board members were becoming.

Lately I have been studying the board of directors as I vote my proxies . . . And far too many of them have the stench of liveralism upon them. A couple of the 'letters to shareholders' looked to me to be bragging as to their 'Woke' bonifides.

Needless to say I voted against a whole LOT of the turds.

Zim.


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