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Tyler Crowe

πŸ‘€ Speaker
3391 total appearances
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Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

And Matt, you can go first.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

Here we go.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

I'm climbing up on the soapbox.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

I'm going to get really high and mighty.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

We might even need to put some patriotic music in the background while I do this.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

But look, here is my thesis, and yes, I think you should vote your shares.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

If you own individual shocks, you should care, you should read your proxy filings, you should vote on everything that you have.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

Again, as Jett mentions in the question, you are an owner of the company.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

You're actually putting in the extra effort to not just buy a diversified ETF and go sit on our butts.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

That would be great.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

There's plenty of options to do that out there in the market.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

But if we are making the choice to invest in individual companies and be...

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

fractional owners of that company's management works for us and it's our duty to vote on the results of this business and how in the things that they're asking us to do vote on the board of directors vote on executive compensation do i really care who the auditor is no but that's that's maybe there's somebody that does but look this is kind of one of those things where it's like

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

It is the one time that we as individual investors can hold management to account.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

And yes, maybe my little peons of an ownership in a stock doesn't really matter to the overall voting.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

But it's just like some moral craw that I have, that if I'm going to own a company, it is my obligation in some way to vote for it.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

One of my favorite writers of all time was Benjamin Graham.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

He had a whole chapter dedicated to your duties as an investor.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

to vote your shares and participate in the companies that you own.

Motley Fool Hidden Gems Investing
OpenAI Misses Expectations - Should Tech Investors Worry?

I know I'm standing on a very, very lonely island these days when it comes to investing in individual stocks and actually voting your proxy shares.