Paul KnowltonJan 28, 20225 minMilton Friedman's Profit Fiction: Part 4This is the fourth of a six-blog series that simply and in plain language explains the dangerous fallacy of Milton Friedman’s “maximize...
Aaron HedgesNov 5, 20213 minA Billionaire on Antisocial Capitalism and Providing Value to OthersCharlie Munger, Warren Buffett’s business partner for decades, doesn’t mince words. Speaking to a group of foundation money managers in...
Aaron HedgesJun 4, 20213 minMaximize Shareholder Value... When?“We hold these truths to be self-evident, that the purpose of corporations is to maximize shareholder value.” Ok, that’s not actually...