Jun 4, 2019
The general assumption that management and governance of public companies are efficient, is false. So says Henry D. Wolfe in his recently-released book, "Governance Arbitrage: Blowing up the public company governance model to maximize long-term shareholder value."
Content:
The underlying thesis (3:00), what needs to replace it (5:30), why
institutional investors have to play a key role (7:44), the
advantages of the private equity model (8:45), Wolfe's contrarian
investing priority (16:26), Costco the optimal model (21:30).
More information: https://governancearbitrage.com/