bertsmobile1
Lawn Royalty
- Joined
- Nov 29, 2014
- Threads
- 65
- Messages
- 24,995
It is all about dividends
The big investment houses now run nearly every large business now days
They demand massive increases in dividends every year or they vote the entire board & CEO out of the company so in place of running a business in a proper mannar on behalf of all shareholders they are hostage to a couple of very large shareholders
Investment houses do not care about the actual company or it's longevity all they want is profit so they milk it dry then pull their shares out and go ruin another business.
This is the natural end point for listed companies in a unregulated capitalist economy .
So when a superannuation / pension / investment business crows about beating the market by "x%" they have done it by destroying a company or two, usually cheating the government out of taxes and putting thousands out of work.
The big investment houses now run nearly every large business now days
They demand massive increases in dividends every year or they vote the entire board & CEO out of the company so in place of running a business in a proper mannar on behalf of all shareholders they are hostage to a couple of very large shareholders
Investment houses do not care about the actual company or it's longevity all they want is profit so they milk it dry then pull their shares out and go ruin another business.
This is the natural end point for listed companies in a unregulated capitalist economy .
So when a superannuation / pension / investment business crows about beating the market by "x%" they have done it by destroying a company or two, usually cheating the government out of taxes and putting thousands out of work.