The video of his speech to the company went viral. He found out that 30 employees hadn't opened their laptops in the last month. "Remote work lowers over the trust function in a business and it makes it create silos," he says. As an investor, do you think working remotely versus working in an office together will have such a material impact on the productivity?
First Republic Bank and Pepsi are very different businesses with stocks moving in very different directions.
(00:21) Jim Gillies discusses: - First Republic Bank shares plummeting after terrible quarterly results and a surprisingly brief conference call - Medpace Holdings crushing their 1st-quarter report and (once again) winning the guidance game - Pepsi's stock hitting an all-time high after snacks fueled Q1 results
(16:03) Bill Mann joins Alison Southwick and Prof. Robert Brokamp to talk about the "new normal" of hybrid work.
Companies discussed: FRC, MEDP, PEP
Check out the newest episode of our premium podcast, Stock Advisor Roundtable! https://open.spotify.com/episode/6MWIz55NW99Av1l7w9FrXU?si=05100b2801f84f63&nd=1
Host: Chris Hill Guests: Jim Gillies, Alison Southwick, Robert Brokamp, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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