The original mutual fund scandal boiled down to large brokers getting preferential treatment at the expense of small investors. This 2.0 version boils down to the same thing: Large consulting firms are receiving preferential treatment at the expense of smaller firms and investors.
The cancel culture was all aflutter last week: A man who is popular enough to be un-cancelable and who believes that people should actually be free to express their opinions bought their favorite platform with the express intent of canceling the cancel culture. He is going to let people say what they want to say. Oh the horror.
Wisdom has fallen out of fashion, and the consequences of that are plainly obvious all around us. Our policymakers and political leaders increasingly have no real-world experience. Case in point is the Federal Reserve. The Fed is staffed and run by very intelligent people, all of whom went to the same schools, got the same knowledge, and have no actual experience.
Is it any wonder Putin would believe the West would be too weak to stand up to him? For years Europe has turned a blind eye and empowered him by relying on Russia for their fossil fuels. Why? Because of a childlike view of climate change. The climate is like most of our subjects today – you are either on one side of the sandbox or the other.
How is Meta Platforms doing? The stock is down more than 36 percent and they reported fewer users for the first time in the company’s history. So, is Meta a good investment while the stock is down so much? We don’t think so. Here’s why.
