Lead-Lag Live cover image

Lead-Lag Live

James Fishback on Rethinking Quotas, Retail Investing Impact, and Advocating Meritocracy in Business Practices

Nov 17, 2024
48:31

Join us as we challenge the status quo with James Fishback, founder of Azoria Partners, as he questions whether racial and gender quotas in hiring are truly beneficial for businesses. James shares his journey in the investment world and his dedication to crafting affordable investment opportunities for everyone, while celebrating the power of retail investors who are reshaping the financial landscape. Discover how these retail investors are using trend-spotting savvy to rival traditional Wall Street giants and learn why James believes skill and expertise should be the cornerstones of hiring practices.

We take a critical look at the struggles of traditional Wall Street models to adapt to the modern era, particularly in recognizing the potential of trailblazers like Palantir, NVIDIA, and Tesla. The conversation moves to trading apps like Robinhood and Webull, assessing how they've revolutionized investor behavior and inadvertently fueled impulsive decisions. Strategies to counteract these behavioral biases are shared, and we urge for a return to a merit-based system free from political interference, where decisions are driven by capability and not quotas.

In our exploration of diversity and meritocracy, we acknowledge the complexity of these themes within large corporations. The conversation scrutinizes how some companies may sacrifice performance for social agendas through forced diversity initiatives. James shares insights and personal reflections on promoting merit-based hiring beyond mainstream media, inspired by his grandmother's pragmatic and strategic investment approach. Follow our newsletter and social media for ongoing insights into market and geopolitical trends, and join us as we advocate for a shift toward genuine meritocracy in business practices.

The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.

Today's sponsor is CBDX, home of premium, legal THC gummies. Perfect for relaxation, creativity, or unwinding after a long day, these delicious gummies deliver the quality you can trust. With fast discreet shipping and great flavors, CBDX makes enjoying THC easy and hassle-free.

Visit CBDX.com and use code LEADLAG to save on your first order!

 Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive.


Foodies unite…with HowUdish!

It’s social media with a secret sauce: FOOD! The world’s first network for food enthusiasts. HowUdish connects foodies across the world!

Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!

HowUdish makes it simple to connect through food anywhere in the world.

So, how do YOU dish? Download HowUdish on the Apple App Store today: Support the show

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode