ValueInvestor

CEOs Must Bring Investors Along for the Ride (WSJ)

To be honest, I don't think individual shareholders even give a hoot. I personally throw out my proxies because I don't think voting on my .0001% holding is gonna do much, and how am I to tell which director to boot? Do I vote against all of them, one or none?

Most shareholders are there to make a buck off the stock price, not run the company like an owner should.


On May 04 01:45 PM Mmarrkk wrote:

> A reasonable question: if shareholders don't like the actions of
> the BOD, why aren't the BOD's voted out each year when the proxies
> come around?
>
> I think the answer is that the majority of the shareholders like
> the job being done and thus, vote in approval. Hey, I hate the job
> the current POTUS is doing but there was an election! Each year,
> some of the BOD's of all of these companies go up for a vote. And
> each year, they receive a majority of the shareholders' votes. So,
> you see, the shareholders DID vote and they decided to keep the BOD's,
> the same ones you all are saying are doing a putrid job. Could it
> be that you are in the minority?

Why Is Oil Trading at $53 When Supply and Demand Is So Bearish?

Do you really think a country like India, where people need the cheapest car in the world just to afford one will be able to afford $145 oil. I don't think so. They'll all have Nano's in the driveway and still be walking to work.

The simple fact is the world couldn't afford $147 oil last year so how on earth are we supposed to afford it next year and beyond? We can't, so the supply and demand lines will move accordingly. Remember, the solution to high prices is high prices.

On Mar 24 08:22 AM longoil wrote:

> $145 oil will look like a bargain by the middle of the next decade.
>
> Oil demand is ramping slowly around the world.
>
> In India, the Tata car (priced at $2050) was officially launched
> today. The target market in India for this car is the middle class
> (currently numbering at 50 million people). This number is expecting
> to hit 583 million by 2025 according to McKinsey & Company. That
> is equivalent to adding two more United States size consumer groups
> in competition for the dwindling world's oil supply.
>
> Next to India, China is taking advantage of the drop in resource
> prices and buying up everything from copper to oil. They have been
> signing long term deals with Russia, Brazil, Venezuela, Iran, etc.
> The loading up their SPR's feverishly with cheap oil. The Chinese
> are thinking long term.
>
>

Boone Pickens' Capital Funds Down; Investors Withdrawing Money

Looks like everything is reverting to its mean.