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Quality Shareholder: Lawrence Cunningham on Warren Buffett, Berkshire Hathaway and the QSs with Tobias Carlisle on The Acquirers Podcast

The Acquirers Podcast

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The Proliferation of Prescriptive Governance

"Prescriptive governance of saying you must do this, that or the other thing is a very popular thing," he says. "It's actually not so much coming from law courts, it's coming mostly from the passive indexing community." The big investors there are BlackRock, State Street and then guard; they're in effect either managing or examining many, many thousands of companies.

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