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A quote from amnesty.org... "Protest is an invaluable way to speak truth to power. Throughout history, protests have been the driving force behind some of the most powerful social movements, exposing injustice and abuse, demanding accountability and inspiring people to keep hoping for a better future."
#1a #protest #FreeSpeech #FreeAssembly #fascism #the99percent #AmericanSpring #IBM #InvestorRelations
@Pat Yeah, those are democracy advocates. Different interest group.
>"Yeah, those are democracy advocates. Different interest group."
You don't think that people who advocate for free speech can also invest their money in company stock?
@Pat They can, but the return on investment would be better if all those pesky other interests are not heard. So, focusing on ROI as the only metric, it would be inefficient.
Stock prices are not only based on the performance of the company's income statement. Prices are based on demand for the security itself. Many investors will not invest in companies who's activity is contrary to their values and this effects demand for the stock.
If a company changes their activities in a way that many investors disagree with, then the demand for the stock could go down.
In this case, Cohn made a statement that I would hope most people around the world would oppose, and this could adversely effect the price of that equity.
@admitsWrongIfProven
The assumption is that companies headquartered in the US will uphold the principles of the US. It is rare to hear any US company denounce free speech.
I don't follow IBM that closely, but from my perspective, I haven't heard them denounce free speech in the past, so this is a change (unless you can cite previous statements from them on the matter).