Saturday, March 31, 2012

We make the 0.000000000027% difference!

Members present: Brian, Bickford, Yousef
 First, the charts:

SPY: Trucking along in the right direction. The 200 DMA is starting to swing up too!
EWZ: Brian feels the need to apologize yet again for EWZ being so crap.
However, how could he have known.
Brazil, babe, what are you doing?

AT&T: Steady as she goes--doing exactly what we want her to do. 

Next, we did a proxy vote for our few shares of AT&T:

Most of the voting centered around the election of members to the board, and frankly we abstained. However, there were a few items of interest.


AT&T recommends that we vote against a "Political Contributions Report" as well as "Limit Wireless Network Management." However, as a consumer, corporations reporting their political contributions sounds pretty rad. Also, I don't like the idea that my internet would be throttled. The point here is that the interests of an investor might be different than the interests of a consumer. AT&T not reporting their political contributions and doing whatever they please with their wireless network are probably good for the money bits, however there is that whole right vs. wrong thing that gets in the way.

While this is not really a terribly impactful vote (we own 19 shares out of 6 billion), it does bring up the possibility that one can invest while still preserving his conscience. And hey, we did vote, so there's some difference, however small.

Profit!

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