Sublime
An inspiration engine for ideas
But from the 1970s onward, power shifted. Households now invested their savings through large and powerful intermediaries such as pension funds and mutual funds. The rules that had been set up to protect individual savers against the greed or incompetence of corporate executives were now leveraged by professional agents with billions of dollars of
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
Financialization of Everything
sari and • 64 cards
so-called great risk shift, through which corporate America has stabilized its own income statements over a generation by off-loading uncertainty onto workers; and the ways in which shareholders were running companies more and more for themselves, to the detriment of every other stakeholder.
Anand Giridharadas • Winners Take All: The Elite Charade of Changing the World
Determined to protect his newfound wealth, Berlekamp bought top-rated municipal bonds, but a rumor in the spring of 1986 that Congress might remove the tax-free status of those investments crushed their value. Congress never acted, but the experience taught Berlekamp that investors sometimes act irrationally.
Gregory Zuckerman • The Man Who Solved the Market
Some highlights have been hidden or truncated due to export limits.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
The Myth That Shareholders Are Always Investors: Challenging the Paradigm of Shareholder Primacy - Roosevelt Institute
Harrison Karlewiczrooseveltinstitute.org
By zeroing in on this one critical issue something might have been accomplished.