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Written by John Ripley on 2025-01-24 at 01:00

@mekkaokereke This would mean that the largest fund managers voted against the proposal. This is interesting, because that means even the people in charge of a large fraction of the world’s wealth think DEI is a good idea.

Individuals and employees have zero (rounding error) influence in shareholder votes. The sum of all Costco insiders is something like 0.2%, and that’s likely almost all C-suite.

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