Ep7 "Can Investors Effect Social Change?"
All Else Equal: Making Better Decisions
00:00
Is the Managers of Twitter Making a Mistake?
Ilon musk believes that the managers are currently making a mistake, meaning their not maximizing the value of twidter by censoring. To achieve the social change trough the divestment strategy, we need 85 % of the investers to be on board. But in this case, when you just need to get a vote through, if the vote was going to be close arready,. then if you have a couple% extra voting power, you could push a proposal through as a minority shareholder. You need far less than 85%. In the case hat ilon musk is just one person, oka admittedly a very wealthy person, but compared his wealth to the total wealth of th economy
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