A good example of how one person can make a difference

– You can make a difference. Even though it might feel like you can’t.

Here’s a note from Dr. Raj Thamotheram about this article entitled “Climate Activist Who Took on BlackRock Now Takes on Vanguard”:

This is a very moving and deeply hopeful story about how someone with a life-threatening illness is choosing to spend his time. Thank you Casey Harrell for your passion for getting the job done!

It’s also a sad reminder of how Jack Bogle‘s amazing innovation – index investing – has distanced itself from his driving vision. See his later writings about stewardship. Is it possible to get Vanguard back to its more (good) populist roots (ie. to focus the real needs of its end beneficiaries)?

The vast majority of US citizens have broadly pro-ESG views. But a vocal minority don’t. Who does the board choose to reflect? Trying to be a bit pregnant won’t work.