Eight years ago, a holder of a modest amount of Apple stock found himself in the peculiar position of being told publicly by an angered CEO Tim Cook that his money was no good in Cupertino. Justin Danhof, a conservative activist investor, had turned up at the company’s annual shareholder meeting to ask Cook, essentially, if his desire to go green trumped his desire to generate green.
Danhof did not tell his broker to sell, but would see his outfit’s related shareholder resolution go down in flames. In 2014, his was not only a losing fight, but a lonely one….