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Daily Archives: December 4, 2014
Must read: The World’s Dumbest Idea
GMO’s James Montier slays the ‘shareholder value maximization’ (SVM) nonsense that is widely regurgitated as incontrovertible principles of finance today. In 14 easy to read pages and charts, Montier examines the shift in corporate culture from an ‘era of managerialism’ … Continue reading
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