

Prof G Markets: Trump’s Memestock Goes Public, the Problem with DEI, and Daniel Kahneman’s Legacy
42 snips Apr 1, 2024
The tumultuous launch of Truth Social raises questions about its future and investment strategies. A UK report challenges the effectiveness of diversity, equity, and inclusion programs, sparking debate on corporate inclusivity. Insights from Nobel laureate Daniel Kahneman shape discussions on money and happiness. The return of the cruise industry post-pandemic and the market’s unpredictable shifts add layers to the economic landscape. Humor and personal anecdotes lighten the conversation throughout.
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Boeing CEO Resignation
- Boeing's CEO and chairman resigned amidst safety concerns, demonstrating accountability.
- This overcorrection aims to reassure the market about Boeing's commitment to safety.
Infrastructure Fragility
- The Francis Scott Key Bridge collapse highlights the fragility of infrastructure and the importance of upkeep.
- Freak accidents are surprisingly infrequent given the complexity of infrastructure.
Carnival's Comeback
- Despite a bridge collapse impacting operations, Carnival Cruises reported record revenue and customer deposits.
- This demonstrates a strong rebound from the pandemic, exceeding pre-pandemic performance.