danlyke at flutterby.com
Mon Dec 3 02:13:57 UTC 2012
On Sun, 2 Dec 2012 12:49:28 -0600
Chad Smith <chad78 at gmail.com> wrote:
> Stockholders who don't care if the company does well or not...
> That's a new piece of FUD for the class warfare I haven't heard yet.
You're missing a nuance: There's a substantial amount of economic
friction between the process of having money in a 401k mutual fund and
taking an active interest in the running of a company.
The management class we're all whining about is strip-mining that space.
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