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Wandering Existence
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Youtube hearted comments of Wandering Existence (@WanderingExistence).
Norfolk Southern approved a $10 billion share buyback program and a 9% dividend increase just before they told their employees that they couldn't afford to give them any sick days and 10 months before they had a giant accident that poisoned a whole town because they wouldn't invest in maintenance and pursued understaffing to save money.
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"The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give." — Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, Book I, Chapter XI "Of the Rent of Land"
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@THETRIVIALTHINGS Bain Capital is a private equity group closely associated with Mitt Romney.
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You mean concentration into super high qualities companies that keep growing rapidly? Sounds more like an opportunity than a risk. The United States has a strong tendency to have its upwards stock market volatility far surpass its downside volatility.
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I just want to thank whoever formats the description portion for actually writing a relevant description with hyperlinks to the full video... You have no idea how helpful that is for people who actually want more information. It's a small thing but I really appreciate it. Thank you for doing the work to help increase the access to information about economic democracy.
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@HowMoneyWorks "How do you do, fellow kids?"
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Thank you for teaching us! I really liked Andrew Lo's Finance Theory, his first lecture is truly a fun endeavor into education.
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Cunk on Capital
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"Toyota, the official truck of ISIS"
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