"Some people who have spent months suffering from long-haul covid-19 are taking to social media to report their delight at seeing their symptoms disappear after their vaccinations, leaving experts chasing yet another puzzling clinical development."
"If you were prescient enough to buy a 1954 300SL new for $7k MSRP + locked it away, it would fetch ~$1.4 million today. Annualized return of 8% before inflation, storage + maintenance.
Most funds performed better + required zero oil filters."
To say nothing of the inherent Survivorship Bias in looking at the cars that did appreciate: Selecting investments after the fact is easy; ask yourself this question: What car do you want to buy as an investment for the next 60 years to be sold in 2081?
$573 Million to settle claims their advice to Purdue Pharma (+ others) led to the aggressive flooding of markets with opioids. It turned out to be damaging, even deadly advice.
Yet another reminder of who consulting giant McKinsey is…
Note: A decade ago, I discussed my thesis the consultant always seems to be giving ethically compromised advice that leads to terrible societal outcomes.
Why is that? Is McKinsey & Co. the Root of All Evil ?