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Invest Like the Best with Patrick O'Shaughnessy cover image

Jeff Gramm – Activist Investing - [Invest Like the Best, EP.01]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

Prioritizing Profits over Sustainability

The example shared illustrates a company prioritizing quick profits over sustainability, where Pacific Lumber abandoned a sustainable plan for timber, fired employees, and clear-cut old growth redwoods for immediate financial gain. The case of Charlie Herwitz reflects a period in the 1980s where such actions were not uncommon, prompting questions on public reaction, the impact on activism, and changes in attitudes towards profit-driven decisions.

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