Viewsroom: Are tech investors lemmings?

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 7 June 2018

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Despite Facebook’s mounting problems, only a third of independent shareholders refused to reelect Mark Zuckerberg and Sheryl Sandberg to the board. Tesla and Netflix owners tend to follow the leader, too. Yet protest votes are useful. Plus: Chinese stocks make it into the MSCI. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	To be or not to be.
0:02.8	Right now we're offering a range of incentives across Audi models.
0:06.5	That is the...
0:07.5	But only until the 28th of February.
0:10.0	The...
0:10.7	Um...
0:12.0	So stop whatever you're doing.
0:14.4	Um... I'll be right back.
0:17.1	Just carry on without me.
0:18.3	And find yours online or at Finchley Road, Audi.
0:21.5	Audi, four-sprung Duck Technic.
0:23.8	Terms and conditions apply.
0:25.1	Selected models, retail customers and participating Audi centers only.
0:29.8	The views expressed on this podcast are those of the participants, not of Rogers News.
0:40.0	Tesla, Facebook, and Netflix square off with investors, and China is admitted to an index
0:45.1	that is long desired to be part of.
0:47.3	These are the topics we'll be discussing on this week's edition of the Views Room, a weekly
0:51.1	conversation among breaking views columnists about the ups and downs of the world of finance. I'm Jennifer Sabah, and with me as my co-host, Anthony Curry. Later in the program, I'll be passing the baton to my colleague in Asia, Quentin Webb. But first, it's that time of year again. Investors get the opportunity to vote on major proposals and voice their opinions about board directors. In this
1:11.7	segment, we're joined by Breaking Views, U.S. editor John Foley, and we're going to focus on
1:15.7	Facebook, Netflix, and Tesla. So let's start with Tesla first. Antony. We have Elon Musk, who is
1:24.5	the chairman and the CEO, so he's pretty entrenched. Obviously, he controls the board.
1:28.8	Yeah, he's also, he's got a fantastic pay package if he gets it.
	...

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