Wall Street Finance Reward System for Management Decision Making

The west used chinaas as a sort of cheap labor market, i guess the idea at the time was, hay, this is just good for us. It's going to make us a lot of money. And so if we've incentivized the entire managera class of our corporations to focus like zealots on short term price moves instead of long term shareholder value creation, all you need is a high volatile because you'll just get new options at a lower price when the stock is low and then those will more than offset when when the volatility kicks to the upside. We tell the story in a piece called magnesium p i, which was sort of a fun little title for our piece.