No man is made the same, we all have our personalities. When it comes to investing, our personality refers to our risk profile that may be influenced by various factors like age, financial history, personal experiences, circumstances and investment goals. Your individual personality traits can impact your investment decisions and outcomes. Understanding our investing personality can help us avoid emotional traps and stick to our long-term goals.
Under the Malaysian Code on Corporate Governance (MCCG), the two-tier voting process is integral in retaining long-tenured independent directors (IDs). The application of the voting process is more than critically reviewing the independence of directors but also enabling board renewal. Minority shareholders should carefully consider whether the retention of long-serving IDs is in the company's best interest, especially if those companies are performing poorly.