| >The point of companies are to make money. You need to deliver value to get money. If people with money want the world improved, you must improve the world to get their money. > I do not want a company I invest in to "weigh in" on political issues [1] If people want companies doing political things and you do not do political things, they won't give you their money. > I do not want to see banks put in racial quotas in order to get preferred rates. Then don't expect "racial" people to put money in your banks and make you money. Don't expect people who care about racial diversity to put money in your bank. They have a choice. > As a shareholder in a company, I want to see increased valuations, good free cash flow metrics, and an increasing dividend. Then demand your company responds to the needs of the people whose money you want. Companies aren't entitled to make money. They must respond to peoples' values and needs. "Valuations" isn't just a metric. It reflects the value of the company to people. If the company doesn't reflect its customers' values, its valuation won't increase. |
A bar may want to make money this month, and alcoholism be damned.
An investment fund with a thirty-years horizon of commitments to future retirees must want to make money in a way that does not compromise the commitment to still make money in thirty years, and must be able to prove that it is watching that.