Comment by gadflyinyoureye
2 months ago
That’s because that’s all we can do. Buffet is an actual investor. His stock position allows him to remake a company if necessary. My stock position might buy some chickie bugs at Wendy’s. I have no direct control over any company I “own” and my voting position and the position of all retail investors is functionally nil.
not a lawyer here but I suspect that exercising rights as a shareholder takes some legal education and some networking.. you are right that the DEFAULT stance is what is presented.. but somehow I dont think this the whole possible story in 2024