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| Jan 30, 2021 | » | Wall Street Potpourri
4 min; updated Jan 21, 2023
Maximizing the Value for Shareholders Suing a company for not following its code of ethics and therefore misleading investors doesn’t fly, but Signet Jewelers settled for $240m . Signet’s 70k female employees sued for discrimination, but the class action is yet to be resolved. Tom Toro’s New Yorker cartoon : Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders.... |
| Oct 7, 2020 | » | Fables in Service of Capitalism
4 min; updated Sep 5, 2022
Environmentalism Over the last 70 years, less than 10% of plastic waste has been recycled - it’s uneconomical. Recycling shifts attention from the environmental impact of plastics and their overproduction to the consumer’s willingness to recycle. Reducing and reusing is a much better environmental strategy. #environmentalism Betting (and Gambling) I’m seeing more prominent gambling sites and ads compared to when I was growing up. Based on my peers, SportPesa made lots of headway in Kenya (few companies can claim to sponsor English Premier League teams).... |