Pigs at the trough 2016

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sidicks said:

crankedup said:

I can only conclude that you cannot understand that I said in effect that although I dislike the situation of CEO pay, that dislike is not so strong as to make me want to cut off my nose to spite my face. PPeehaps you have never heard of the expression? But it is the very opposite of your comment, once again you make yourself look a chump.

So you don't understand basic English now? As Mr Whippy has outlined "putting your money where you mouth is" would mean removing your investment from these companies and only investing in others that do meet your 'CEO remuneration requirements'.

You highlighted above that you simply weren't prepared to go this (as I highlighted above). Not sure why you can't see this?

You read it in an opposite way to my meaning either deliberate or for the fun factor. Either way I have for years mentioned share buying and trust fund holdings. But do I need to prove the point this way?

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sidicks said:

crankedup said:

Sadly for your position taken that you conveniently overlook the matter of small investors voting against pay board recommendations and detailing displeasure at CEO pay. I know you feel it's just myself and a handful of others but reality is that the problem is genuine for thousands of small investors.
Your experience is interesting and of course you have a technical handle on the professional investment procedures and legalities, as well as terminology. Unfortunately you don,t seem to look out of the window into a real world. Still keep kidding yourself that the issue isn't real. When the investigatory team come knocking be prepared for a surprise or two.

Why do you keep misrepresenting my point (and refusing to address the questions I've raised)?

Is your idea of democracy one where the minority get to overrule the majority, as long as they share your opinion??

Why should the views of a minority outweigh the views of the majority?

Why can't you acknowledge that serious problems exist within an industry that you work in and hundreds thousands people invest hard earn money into? You ignore what is in front of your face, you may be the wizard of Wall Street for all I know but even he isn't immune to facing reality, why can't you see that?

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sidicks said:

crankedup said:

Try writing out a post.

They nod and grunt or they wave through pay board recommendations. It's both but you say 'they don''.

20 years of experience tells me otherwise. But you won't listen to people with actual experience of the experince in case that contradicts your inbuilt prejudice.

But your biased experiences are not aligning to reality. You continue to ignore the warnings from small shareholders and investors of the growing dissatisfaction regarding, lack of transparency, unfair charging %s, discreet and underhand excess charges and no doubt more will follow. You may think you are whiter than white, you may well be, but the industry as a sector is coming under the gaze from those that can, and will, change matters to the investors favour.

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sidicks said:

crankedup said:

But your biased experiences are not aligning to reality. You continue to ignore the warnings from small shareholders and investors of the growing dissatisfaction regarding, lack of transparency, unfair charging %s, discreet and underhand excess charges and no doubt more will follow. You may think you are whiter than white, you may well be, but the industry as a sector is coming under the gaze from those that can, and will, change matters to the investors favour.

What has any of the above got to do with your allegations about fund managers not:
a) engaging with boards regarding CEO remuneration
b) not caring about remuneration despite it being fundamentally linked to share performance?

Happy to have a sensible, non-confrontational discussion about the other aspects mentioned above, if we can move on from the point I've repeatedly highlighted?

Edited by sidicks on Sunday 22 May 21:54

Blast the intervention, this was getting interesting.