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Proposal 3--The Latest News

I have done some additional research into my quest for answers surrounding the baffling proposal recommendation from Vanguard's Board of Trustees. For completeness sake, the following are links to the documents of interest. I won't be writing too much on my personal opinion as I need some time to just digest all this information and make some sense out of this. At the moment, I remain incredulous.

Firstly, I found this article on the proposal. Obviously, it has some bias, but through it I found more information from Vanguard's documents.

Next is the proxy statement that Vanguard had on all changes that we get to vote on. I will direct your interest to pages 2, 33-37. The document is 130 some pages long...the rest of the pages all have to do with other things and I've checked to be sure that I've included all those that mention Proposal 3, so you don't get bogged down with the rest of the document.

Finally, is Vanguard's views on Social concerns. Two paragraphs outlining their policy.

Hey, if the whole company gives you the eeby-geebies, you can at least invest in their "socially responsible fund" and leave the other 100 or so "non-socially responsible funds" for the rest of the world.... (please, please, please note the sarcasm there. I make no apologies for my bias, but I leave the rest of my ranting for another day.)

Comments

  1. This sounds like a balderdash and a bunch on bullocks for that matter.
    Social responsibility should be everyone's duty, especially if one professes to be a christian.
    but then again, some of my friends disagree on that.
    your stance is to be applauded pagina.

    ReplyDelete

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