← Back to context Comment by DaedalusII 1 day ago you should have a look at proxy firms. you would be surprised 9 comments DaedalusII Reply dragontamer 1 day ago Could you explain to me how an investor owning SPY shares gets to control the proxy vote?Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer. mpalczewski 1 day ago You can buy IVV instead and get the same exposure but this time you get to vote. Or you could just not own spy and buy the shares individually. dragontamer 1 day ago What 401k program do you or your peers have that allows you to buy funds outside of the few, selected by the 401k manager?I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option. 4 replies → DaedalusII 1 day ago that what i mean. where do all those votes go? someone controls them. and those interests are bought and paid for dragontamer 11 hours ago In practice?To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.
dragontamer 1 day ago Could you explain to me how an investor owning SPY shares gets to control the proxy vote?Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer. mpalczewski 1 day ago You can buy IVV instead and get the same exposure but this time you get to vote. Or you could just not own spy and buy the shares individually. dragontamer 1 day ago What 401k program do you or your peers have that allows you to buy funds outside of the few, selected by the 401k manager?I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option. 4 replies → DaedalusII 1 day ago that what i mean. where do all those votes go? someone controls them. and those interests are bought and paid for dragontamer 11 hours ago In practice?To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.
mpalczewski 1 day ago You can buy IVV instead and get the same exposure but this time you get to vote. Or you could just not own spy and buy the shares individually. dragontamer 1 day ago What 401k program do you or your peers have that allows you to buy funds outside of the few, selected by the 401k manager?I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option. 4 replies →
dragontamer 1 day ago What 401k program do you or your peers have that allows you to buy funds outside of the few, selected by the 401k manager?I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option. 4 replies →
DaedalusII 1 day ago that what i mean. where do all those votes go? someone controls them. and those interests are bought and paid for dragontamer 11 hours ago In practice?To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.
dragontamer 11 hours ago In practice?To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.
Could you explain to me how an investor owning SPY shares gets to control the proxy vote?
Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer.
You can buy IVV instead and get the same exposure but this time you get to vote. Or you could just not own spy and buy the shares individually.
What 401k program do you or your peers have that allows you to buy funds outside of the few, selected by the 401k manager?
I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option.
4 replies →
that what i mean. where do all those votes go? someone controls them. and those interests are bought and paid for
In practice?
To Elon Musk and Mark Zuckerberg. Who have crafted companies who have virtually no voting rights but get purchased up by the masses through passive index funds.