.@WSJ today revealed a big “why” behind woke inc. Managers of non-ESG investment funds are proxy voting yes on insane woke proposals from random investors.
It ranked the worst offenders (bottom 10) and the top 10 who resisted pressure to go woke. See here: 1/3
Here’s how it works: even small shareholders are able to make proposals for company operations, for example, one asked Home Depot to spend millions on a “racial equity audit” that would “identify adverse impacts on nonwhite stakeholders.” 2/3
Massive institutional shareholders of these companies, Eg Goldman Sachs, BlackRock, etc, are voting “yes” on these insane expensive woke proposals, even though they’re surely damaging to the bottom line and serve no purpose other than to forward a far left political agenda. 3/3
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Subway vigilante Daniel Penny might not be charged. 🧵
Much has changed since I worked Manhattan DA under Robert Morgenthau, who charged known racist Bernie Goetz with attempted murder after shooting four black teenagers who harassed and threatened him on the subway in 1984. They all survived.
NYC subways were then dangerous sh*tholes. Malcolm Gladwell wrote about the Goetz incident as the Tipping Point when the city began its motion towards improvement, order, and public beautification later embodied by Giuliani and Broken Windows Theory to NYC's 90s heyday.
1. In the West’s grand gender experiment, we see women react to the reduction of marriage pressure in one of two ways:
2. 1) embracing natural hypergamy, pursuing very high status men often indirectly via professionalism. This leads to higher satisfaction as they mate with the men they want to. But can be deeply unfulfilling—enough high status men to have sex with, not enough to reproduce with.
3. The results of this path are either a) finding a desired man, but often too late to have children. Or b) settling, also often too late to have children. The latter is the worst possible outcome and leads usually to fast divorce, as she receives nothing she wants or needs
1. Much talk in our sphere today on role of sex and marriage in a man's life...if it destroys or enhances scholarship and/or credibility as a thinker. I come to this discussion w much experience on all sides of womanizer——sperg——family man spectrum, so I’d like to weigh in.
2. Every cult leader insists sex gives him great power. Even more interesting, he's correct. Frequent sex does provide an elemental power you carry with you in your everyday affairs. This only becomes clear when you reach a point where women (or men) throw themselves at you.
3. This reality is foreign to 90% of men. They do not understand why powerful men become utterly fixated on f-cking (see e.g. el Chapo who at height of his power spent 95% of his time visiting his girlfriends, only 5% on business).
1. Yoel Roth. We encounter this archetype often in the higher echelons of power. The Pernicious Manager. The The Theater Kid Occupier. The Manageouisie... I've encountered him over and over again. What drives him? What is the source of his power?
2. Let us examine Roth next to his twin, Kyle Robertson, a fellow member of the Manageoisie. Robertson is the founder of virtual mental health startup Cerebral. Cerebral essentially paid off doctors to write Adderall scripts to anybody who asked. It's now under investigation.
3. CREDENTIALISM: Both Roth and Robertson went to Penn, one undergrad, one Wharton. One was valedictorian of his high school. One worked at Harvard. One Accenture. Columbia. Etc. The Manageouisie is both driven and powered by PRESTIGIOUS CREDENTIALS.