Blog Post

It's been interesting to watch on the sidelines the battle between TCI and CSX.  I was combing through the Wall Street Journal today and noticed an ad directed to CSX shareholders.   I can't help but think battles like this between shareholders and management can be anything but good for shareholders.  I think often times management run companies for their own benefit and forget about the shareholders.  More often than not shareholders have a theoretical power that is not realized because the power we hold is greatly diluted. It's hard to tell who is right in this particular case, but I'll be watching intently the outcome of this proxy battle.  I may even buy shares prior to the vote.