RE: LeoThread 2025-10-24 22-44

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Proxy advisors are a big deal — one of the main ways corporate America was driven to go Woke



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The fundamental issue is that roughly half of publicly traded shares are controlled by passive index funds that largely outsource shareholder voting to advisory firms like ISS and Glass Lewis

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Those firms own no shares themselves and often vote along political lines unrelated to shareholder interests, a problem that extends beyond Tesla

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For example, recommendations include opposing re-election of a longstanding director, Ira Ehrenpreis, for “insufficient gender diversity”, while also opposing re-election of Kathleen Wilson-Thompson

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