Jason Zweig quoted this 1949 Benjamin Graham statement in his recent WSJ piece Will New Tools Help Small Shareholders Topple Giants?, 1/7/2012):
the only way to inspire the average American shareholder to take any independently intelligent action would be by exploding a firecracker under him.
Hopefully, his article will provide the match that lights a fire. Great to see positive mention of sites like Sharegate.com, the United States Proxy Exchange, ProxyDemocracy.org, MoxyVote.com and CorpGov.net in such mainstream press. Let’s hope in helps inspire an “occupy” the boardroom revolution.
I was very impressed with Zweig’s knowledge of corporate governance issues during our telephone discussion and googled him. Although I read his Intelligent Investor column occasionally in WSJ, I hadn’t been aware of his site JasonZweig.com. It is by far the best site I’ve ever seen for advice on how individual’s should approach investing. I’ve added a permanent link on our Links+ page under the category Individual Investors.