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IPH #95: $TSLA Stock Collapses; A $NFLX Spiffy Pop; Are Mexican Stocks Cheap???

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Issues of Governance in Small Cap and Microcap Companies

The chapter discusses the prevalence of board of directors and executive teams taking money in small cap and microcap companies due to less scrutiny. The speaker highlights the importance of avoiding investing in such companies and expresses concern about the high frequency of this behavior. Executive salaries and shareholder activism are also discussed, with dissatisfaction expressed towards high base salaries and justification through peer comparison.

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