In a perfect world, it would make perfect sense to attend the Annual General Meeting (AGM) of a company you’re invested in.
In a perfect world, if you asked difficult questions at the AGM, you would not be faulted. You would not be instructed to find drinking water – at the toilet.
You would not be sued for raising hard questions.
In the perfect world, AGMs are where directors and CEOs come clean about not knowing what they were doing – even if it means being replaced and blamed for poor business performance.
In the perfect world, Board of Directors and CEOs tell you their plans for expansions while telling you about the risks.
In the perfect world, AGMs are where the executives share an objective analysis of its earnings and how it has fared this year – including how it will fare going forward.
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