5min chapter

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#495 - Alex Epstein - The World Needs More Fossil Fuels, Not Less

Modern Wisdom

CHAPTER

Why Are Public Companies So Important?

The more the government is involved, the more companies tend to adopt these kinds of practices. Behaps e look at companies like xon mob of chevron. They have huge shareholder ownership by black rock, by vanguard, by state street. Those people can exercise enormous owner ship issues even though they're not traditional owners. And then what? Then the managers of those companies can sort of be every company's agend crew with everence and peter fink.

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