this post was submitted on 01 Jan 2025
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(I want to force then to be more leftist lol)

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[–] [email protected] 14 points 5 days ago (2 children)

Let's be honest, here. These votes are for the large shareholders. Not to sound like a nihilist here, but these elections are for them, not us tiny investors.

I'm not telling you not to vote, but think about how much money your time is worth. Do you really want to dig into this, or go do something you enjoy?

[–] Sineljora 4 points 5 days ago* (last edited 5 days ago)

With overvoting adjustments on broker-held shares as opposed to shares directly registered with the company’s transfer agent, your votes may not even be counted.

[–] sugar_in_your_tea 3 points 5 days ago* (last edited 5 days ago)

That's how I feel about political elections. In my area, the majority party will win every seat by at least 10%, if not 20%+.

That said, I do bother to vote in political elections, but I don't bother for stocks and whatnot. The former has much more significant consequences than the latter, though I don't hold enough sway for my voice to matter for either.

[–] [email protected] 10 points 5 days ago

I’ve never done this for the purpose you have, but my suggestion would be to do research into all your options. You’re able to see where they’ve worked, political donations, and other things might turn up that give you a clearer idea of where their political values lie.

There’s a couple of problems though. Board members have a fiduciary responsibility to the company to act in its best interests. Even if you get someone who is left leaning, they may not vote or conduct themselves in a way you’d prefer because of this.

Secondly, if you don’t already know these people, your voting block is probably too small to really influence the election. More shares is more voting power.

[–] [email protected] 1 points 4 days ago

The best way for them to be leftist is to maximize returns for your investments and then you can take those profits and use them for leftist causes.

[–] [email protected] 3 points 5 days ago

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