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Friday, May 20, 2022 9:33:15 PM
Unfortunately Larry Fink’s index fund manifesto will result in the largest stock market crash in history
He is a brilliant mind, but I do not agree with forcing companies to have emphasis on becoming trustees of society. Good business people just understand that is a foundation to sustainable profits as giving back/investing in the surrounding communities is needed to move forward the society and in turn the business.
Let greed and bankruptcies happen, that is the free market and one could argue it is good for society as a whole to shed the gorged.
He is a brilliant mind, but I do not agree with forcing companies to have emphasis on becoming trustees of society. Good business people just understand that is a foundation to sustainable profits as giving back/investing in the surrounding communities is needed to move forward the society and in turn the business.
Let greed and bankruptcies happen, that is the free market and one could argue it is good for society as a whole to shed the gorged.
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