The problem with our country summarized

Discussion in 'Free Speech Alley' started by HalloweenRun, Sep 15, 2012.

Page 7 of 11
  1. red55

    red55 curmudgeon Staff Member

    Because if I own them, those lost profits are coming out of my pocket.
     
    red55, Sep 18, 2012
    #61
  2. LSUpride123

    LSUpride123 PureBlood

    But thats what I am saying, you have the option to not invest. Or, you can own the majority and start making rules.
     
    LSUpride123, Sep 18, 2012
    #62
  3. Tiger in NC

    Tiger in NC There's a sucker born everyday...

    do you have investments, Pride? if so, what are they?
     
    Tiger in NC, Sep 18, 2012
    #63
  4. LSUpride123

    LSUpride123 PureBlood


    Not really atm, I am not smart enough in the regard.

    I just have my 401k + profit sharing with my company. Well, I am still in the Texas Air National Guard too, so whatever that small amount will be.


    I plan to at some point, but I am saving for my new house I want to buy next year.

    There are some guys at work that are saying they are pulling out of the market right now, not sure why.


    But I think majority of the investments I am looking forward to making will be physical property.
     
    LSUpride123, Sep 18, 2012
    #64
  5. LSUsupaFan

    LSUsupaFan Founding Member

    I also support the government taking measures that are appropriate.
     
    LSUsupaFan, Sep 18, 2012
    #65
  6. red55

    red55 curmudgeon Staff Member

    Gee, why didn't I think of that? Look I'm a pragmatic and successful investor. It's impossible to buy only companies that have reasonable compensation rates. That few exist. It's impossible to buy controlling interests in most companies, even if you are fabulously rich. So get real.

    I'm part of a growing movement of investors seeking more input from the owners and boards that do their job to protect the company and its owners rather than the golden parachutes of its elite executives.

    The notion that I must just take it and sell the company is ridiculous. It's a free country and I can advocate for changes in the corporations I own and even in the ones I don't.
     
    red55, Sep 18, 2012
    #66
  7. LSUpride123

    LSUpride123 PureBlood

    Yes you can, but in my opinion which is limited in knowledge, is that there is no point in you having a say unless you have a large quantity of shares.

    I mean, what % are you talking about.


    It does not compute for a guy that has .005% of a company to say much of anything.
     
    LSUpride123, Sep 18, 2012
    #67
  8. Tiger in NC

    Tiger in NC There's a sucker born everyday...

    investing in property is a wise choice. i have made some investments in the market but the majority of my investments are in real estate and they have never let me down.
     
    Tiger in NC, Sep 18, 2012
    #68
  9. red55

    red55 curmudgeon Staff Member

    Neither does it compute for 100% of the owners to have 0% say in executive compensation. Collectively the owners have an opinion and a right to influence the management of their own company. If the board of a company wants the controlling interests in the hands of only a few, then they should never take the company public. There is no reason for public owners to have less rights than private owners.
     
    red55, Sep 18, 2012
    #69
  10. LSUpride123

    LSUpride123 PureBlood


    SO if you have shares distributed over say 2,000 folks, how the fuck would you propose to have everyone agree on anything?
     
    LSUpride123, Sep 18, 2012
    #70
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