Nikhil Kamath, India’s youngest billionaire, cheated in a charity chess match. What else about his life story and wealth is built on lies? Slumdog Billionaire Self-made superstar In 2000, a 14-year-old Nikhil Kamath, the son of a bank manager and music teacher, dropped out of school and got a job. In 2010, he co-founded Zerodha, …
Liar’s Chess: Exposing India’s Slumdog Billionaire Read More »
A previous column described the $4.4 million paid to ransomwire pirates by Colonial Pipeline to free its computer systems. The Federal government recently touted its recovery of $2.3 million of the ransom. Perhaps it’s time to engage privateers. Spiking The Ball On The Three-Yard Line Federal authorities celebrated their recovery of $2.3 million, or 52%, …
The BBC forged documents and lied to obtain a 1995 interview with Princess Diana, then covered it up. But that scandal is just the undercard. Get ready for Oprah v. The Queen. Fake News, British Style A serious breach of BBC Guidelines on straight dealing British judge Lord Dyson issued a damning reporting of BBC …
By 2025, ESG investing may account for $53 trillion, or 1/3, of assets under management. Here are four key questions for combatting the greenwashing this much money will inevitably encourage. 1 – Does ESG Investing Generate Higher Intrinsic Returns To Investors? ESG investing values environmental, social, and governance factors in addition to pure financial returns. …
Exxon And ESG Investing: Who’s Greenwashing Whom? 4 Key Questions Read More »
A pipeline CEO paid $4.4 million in bitcoin to ransomware pirates. How should such piracy be dealt with? And by whom? Half the U.S. Held Hostage The Colonial Pipeline provides about 45% of the U.S. East Coast’s fuel. Soon after ransomware pirates breached and froze pipeline operations on May 7, gas pumps throughout the Eastern …
Colonial Pipeline: What Payment For Ransomware Piracy? Read More »
An Apple employee was ousted for comments made prior to joining the firm. Had he robbed, raped, or killed someone, his job might well have been more secure. Does this make sense? Hello, I Must Be Going Apple, Inc., announced that a product manager recently hired from Facebook no longer works at the firm. He …
Apple’s New Motto: “Think Different — But Not Too Different” Read More »
Approximately 1/3 of Basecamp’s staff (18 of 57 people) have resigned or given notice after management banned social and political discussions on company email accounts. Has Basecamp “imploded,” or do the departures represent “addition by subtraction”? Don’t Think Twice It’s All Right My previous column discussed the rationale and details of Basecamp’s new policy. More …
Wokeness At Work II. Basecamp: Implosion, Or Addition By Subtraction? Read More »
Just before I started my first job after college, my grandmother pulled me aside and told me, “Don’t talk about religion or politics at work.” That was 35 years ago. Is her advice coming back into fashion? Once Is An Accident. Twice Is A Coincidence. Three Times Is A Trend Coinbase: Focus On Core Mission …
Wokeness At Work: Is The Pendulum Swinging Back? Coinbase, Basecamp & Google Read More »
Shareholders of the Special Purpose Acquisition Company (“SPAC”) Multiplan Corp. are suing deal sponsors, who made millions while regular investors lost big. Should we pity these investors, or chalk up another case of fools and their money being soon parted? Experience Is The Best Teacher — A Fool Can Learn No Other Way The plaintiffs’ …
Red-Flagging SPACs: The Lawsuit Against Multiplan Corp. Read More »
Dozens of CEOs and other senior leaders conferred via Zoom this past weekend to explore responses to draft voting-law reforms in various U.S. states. The Zoom call followed Major League Baseball’s pulling its 2021 All Star Game from Atlanta in response to Georgia’s recent voting law. Voting access and voting integrity lie at the heart …
Voting Laws: When Should CEOs Lead Their Companies Into Crossfires? Read More »