Author Topic: David Hogg Calls for Boycott of Asset Managers that Invest in Gun Manufacturers (Read 1570 times)

Elderberry · « **on:** April 17, 2018, 11:14:59 pm »

National Review 4/17/2018 by Jack Crowe

Student gun-control activist David Hogg called for a boycott of two asset-management companies that invest in gun manufacturers in a series of Tuesday tweets.

Hogg, who recently sparked an advertiser boycott of Fox News personality Laura Ingrahamâ€™s show, asked his 764,000 Twitter followers to boycott BlackRock and Vanguard and voice their opposition to the asset managersâ€™ investment in firearm manufacturers.

The high-school senior followed up his initial tweet by expanding the boycott call to a list of asset-management companies that presumably invest in gun manufacturers.

BlackRock, the worldâ€™s largest asset-management company, announced the creation of new investment products that specifically exclude stocks associated with gun retailers and manufacturers earlier this month. The decision, which Hogg failed to note in his boycott message, was made in response to mounting public pressure on corporations to distance themselves from the gun industry in the wake of the Parkland shooting.

More than a dozen advertisers pulled their commercials from the Ingraham Angle last month after Hogg called for a boycott of the program because Ingraham publicly mocked him. Fox News did not lose revenue as a result of the advertiser boycott as the companies moved their ads to other programs rather than removing them from the channel altogether.

More: https://www.nationalreview.com/news/david-hogg-boycott-asset-managers-that-back-gun-manufacturers/

INVAR · « **Reply #1 on:** April 17, 2018, 11:18:29 pm »

Okay, this confirms my suspicions.

Hogg is just the willing mouthpiece of the nefarious politicos NGOs who are using him to wage a public relations guerrilla war against guns the same way they did Tobacco companies.

rustynail · « **Reply #2 on:** April 17, 2018, 11:19:52 pm »

Boy needs a wedgie.

andy58-in-nh · « **Reply #3 on:** April 17, 2018, 11:32:54 pm »

Quote from: INVAR on April 17, 2018, 11:18:29 pm

Okay, this confirms my suspicions.

Hogg is just the willing mouthpiece of the nefarious politicos NGOs who are using him to wage a public relations guerrilla war against guns the same way they did Tobacco companies.

I don't know whether he's a tool of such powerful organizations, although it is not at all unreasonable to assert such a proposition.

More clearly, he is either too uneducated or stupid to comprehend that were it not for American gun manufacturers, he'd today be making his specious arguments in the German language.

WingNot · « **Reply #4 on:** April 17, 2018, 11:38:09 pm »

Quote from: rustynail on April 17, 2018, 11:19:52 pm

Boy needs a wedgie.

A swirlie, and Nuggie, a purple nurple, and a good old fashioned locker stuffing with a used kotex hanging on the cloths bar..

Applewood · « **Reply #5 on:** April 17, 2018, 11:45:13 pm »

He's still called a high school student, but with all his tweeting and boycotting, when does he have time to attend class or do homework?

Vanguard manages my retirement and they do a good job of it. Piggy boy can kiss my fat fanny. I'm not pulling out of Vanguard.

edpc · « **Reply #6 on:** April 17, 2018, 11:46:43 pm »

That's going to be tough on the pension funds of some teachers he loves so much.....

https://www.bloomberg.com/news/articles/2018-02-22/florida-teachers-call-on-state-pension-to-sell-gunmakers-stakes

WingNot · « **Reply #7 on:** April 17, 2018, 11:48:41 pm »

Quote from: edpc on April 17, 2018, 11:46:43 pm

That's going to be tough on the pension funds of some teachers he loves so much.....

https://www.bloomberg.com/news/articles/2018-02-22/florida-teachers-call-on-state-pension-to-sell-gunmakers-stakes

I thought the same thing. The moron has not a clue.

mountaineer · « **Reply #8 on:** April 18, 2018, 12:16:42 am »

I'll be so glad when this brainless zero and his tiny little fists no longer garner the attention of the news media or anyone else.

thackney · « **Reply #9 on:** April 18, 2018, 12:43:58 pm »

Quote from: Elderberry on April 17, 2018, 11:14:59 pm

...Hogg, who recently sparked an advertiser boycott of Fox News personality Laura Ingrahamâ€™s show...

David Hoggâ€™s boycott backfires: Laura Ingrahamâ€™s viewership jumps 20 percent
https://www.washingtontimes.com/news/2018/apr/16/david-hoggs-boycott-of-fox-news-star-backfires-lau/

mountaineer · « **Reply #10 on:** April 18, 2018, 01:37:36 pm »

The National Geographic channel had a multi-part documentary on last night about Hitler Youth. I kept looking for little Mr. Hogg. I know he's in here somewhere ...

SirLinksALot · « **Reply #11 on:** April 18, 2018, 05:48:02 pm »

SOURCE: YAHOO FINANCE

URL: https://finance.yahoo.com/news/david-hogg-boycott-blackrock-vanguard-210902961.html

by Melody Hahm

David Hogg, a 17-year-old high school senior and survivor of the mass shooting at Marjory Stoneman Douglas High School, is now an outspoken gun law activist. He took to Twitter on Tuesday to encourage a boycott of BlackRock (BLK) and The Vanguard Group.

Quote

#BoycottVanguard #BoycottBlackrock

â€” David Hogg (@davidhogg111) April 17, 2018

BlackRock, Invesco (IVZ) and Vanguard are the top three institutional holders of American Outdoor Brands (AOBC), the parent company of Smith & Wesson Corp., one of the worldâ€™s largest gun manufacturers. BlackRock and Vanguard are also the largest holders of gunmaker Sturm Ruger (RGR).

Many of these funds are passively managed, which means companies like American Outdoor Brands and Sturm Ruger are in their portfolios because they are part of major stock market indexes.

Earlier this month, BlackRock, the worldâ€™s largest asset manager, announced that it would offer two new exchange-traded funds and new index-tracking products for pensions and 401(k) plans that exclude stocks of gunmakers and large gun retailers. This was in response to the mounting pressure from customers urging Wall Street to take a stand on the gun debate.

The new funds will not invest in American Outdoor Brands, Sturm Ruger, Walmart (WMT), Dickâ€™s Sporting Goods (DKS), Kroger (KR), and Vista Outdoor (VSTO), a BlackRock spokesperson told CNBC.

Vanguard offers the FTSE Social Index Fund, which screen companies based on social and environmental criteria, excluding gun manufacturers.

But, Hogg is not satisfied with these auxiliary options and is encouraging his 764,000 followers to boycott holding groups like Vanguard and BlackRock.

In a statement to Yahoo Finance, a Vanguard spokesperson said the firm â€œshares many individualsâ€™ concerns about public safety and firearm access and hopes that policymakers take appropriate action to protect Americans from gun violence. â€

(Excerpt) Read more at finance.yahoo.com ...

Formerly Once-Ler · « **Reply #12 on:** April 18, 2018, 06:07:31 pm »

If neither BlackRock or Vanguard offer a package that capitalizes on the huge growth of gun sales over the last few months then I agree with Hogg. They're losers.

SirLinksALot · « **Reply #13 on:** April 18, 2018, 06:10:05 pm »

Quote from: Once-Ler on April 18, 2018, 06:07:31 pm

If neither BlackRock or Vanguard offer a package that capitalizes on the huge growth of gun sales over the last few months then I agree with Hogg. They're losers.

In other non socially conscious funds, they do. That is why Hogg is up in arms against them. He wants ALL FUNDS out of gun manufacturers.

Elderberry · « **Reply #14 on:** April 18, 2018, 06:13:01 pm »

Another common thread: David Hogg Calls for Boycott of Asset Managers that Invest in Gun Manufacturers

http://www.gopbriefingroom.com/index.php/topic,312555.msg1660696.html#msg1660696

Formerly Once-Ler · « **Reply #15 on:** April 18, 2018, 06:17:35 pm »

Quote from: SirLinksALot on April 18, 2018, 06:10:05 pm

In other non socially conscious funds, they do. That is why Hogg is up in arms against them. He wants ALL FUNDS out of gun manufacturers.

I'm angry that both have capitulated to the anti-gun hysteria and set up anti-gun funds. I'm kind of happy Hogg is wasting his political capital on this venture. Hogg thinks the louder and bolder he talks the more attention and influence he creates. I think the hysteria has a time limit unless another kook commits another mass killing.

Mod1 · « **Reply #16 on:** April 18, 2018, 06:18:19 pm »

Merged two threads on same topic.

ABX · « **Reply #17 on:** April 18, 2018, 06:24:04 pm »

BKRCC up 2% today.

Thanks David.

dfwgator · « **Reply #18 on:** April 18, 2018, 06:27:50 pm »

SirLinksALot · « **Reply #19 on:** April 18, 2018, 06:29:32 pm »

Quote from: edpc on April 17, 2018, 11:46:43 pm

That's going to be tough on the pension funds of some teachers he loves so much.....

https://www.bloomberg.com/news/articles/2018-02-22/florida-teachers-call-on-state-pension-to-sell-gunmakers-stakes

My first reaction was ----Twitter followers with portfolios in Vanguard?

There actually are people who have their IRA's in Vanguard and Invesco who FOLLOW this teenie twerp on Twitter?

Who in their right mind who works and has a 401K in these giant funds wastes his computer time following this boy?

goodwithagun · « **Reply #20 on:** April 18, 2018, 06:36:23 pm »

Uh oh. Hogg might want to avoid Ft. Marcy Park.

From Market Watch (https://www.marketwatch.com/story/hillary-clinton-is-a-buffett-conservative-when-it-comes-to-investing-2015-08-10)

Hillary Clinton invests in just one mutual fund

Published: Aug 10, 2015 11:45 p.m. ET

"Both sides might be disappointed with the results, but Hillary Clintonâ€™s 20-page financial disclosure document was easy to go through, especially when it came to looking at her mutual funds.

She has just one.

Itâ€™s the Vanguard 500 Index Fund VFINX, +1.07% in which she has from $5 million to $25 million."

mountaineer · « **Reply #21 on:** April 18, 2018, 06:39:56 pm »

Quote from: goodwithagun on April 18, 2018, 06:36:23 pm

Hillary Clinton invests in just one mutual fund

Itâ€™s the Vanguard 500 Index Fund VFINX, +1.07% in which she has from $5 million to $25 million."

Fishrrman · « **Reply #22 on:** April 18, 2018, 10:40:22 pm »

"David Hogg Calls for Boycott of Asset Managers that Invest in Gun Manufacturers"

This little kid be steppin' in doo-doo dat is deeper den he is tall....

goodwithagun · « **Reply #23 on:** April 19, 2018, 12:08:09 am »

I wonder if Pigg has a 529. Our kidsâ€™ is managed by Blackrock. Wouldnâ€™t that be something.

GtHawk · « **Reply #24 on:** April 19, 2018, 05:05:47 am »

Quote from: rustynail on April 17, 2018, 11:19:52 pm

Boy needs a wedgie.

What the 'Boy' needs is a size 18 Booyott right up his rectum, since he is obviously suffering from Cranialrectumitis it will both boot his head out of his a** and kickstart his brain at the same time. But hey even if it doesn't, it'll be fun to watch!