Marketplace All-in-One For every action, something can go sideways
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Aug 25, 2025 Max Adler, the Editorial Director of Golf Digest, discusses the evolving caddy economy and the rise of app-based services transforming the golf experience. Olivia D'Angelo shares her personal insights about life on a family compound in Mississippi, exploring the communal benefits and mixed feelings that come with close living arrangements. The conversation dives into the balance between tradition and modernization in both the golf world and personal living spaces, highlighting how these shifts reflect broader economic trends.
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Public Ownership Brings Unintended Corporate Risks
- Government equity stakes introduce complex risks and uncertainties for companies and shareholders.
- Intel's 10% stake deal highlights how public ownership can materially affect corporate decisions and market behavior.
Politics Can Skew Corporate Decision-Making
- Government stakes can reshape corporate choices by creating political incentives.
- CEOs may make decisions to please the White House rather than maximize long-term profitability.
History Shows Mixed Results For State Ownership
- State ownership in firms is common globally but usually yields mixed results.
- Evidence suggests governments are often poor long-term owners despite occasional successes.