Anson Frericks
👤 PersonAppearances Over Time
Podcast Appearances
Sorry. Because I love everyone. Everyone's great. Sorry. No, it's... I'm not going to correct it all.
Sorry. Because I love everyone. Everyone's great. Sorry. No, it's... I'm not going to correct it all.
Sorry. Because I love everyone. Everyone's great. Sorry. No, it's... I'm not going to correct it all.
Yeah. I mean, so I think that is what's going on is that you have, obviously, you know, governments that are antagonists towards the United States are trying to China, Europe, et cetera, trying to kind of pull us back, tear us down. But even a lot of these other companies as well, unfortunately, just have a different view of what business should be.
Yeah. I mean, so I think that is what's going on is that you have, obviously, you know, governments that are antagonists towards the United States are trying to China, Europe, et cetera, trying to kind of pull us back, tear us down. But even a lot of these other companies as well, unfortunately, just have a different view of what business should be.
Yeah. I mean, so I think that is what's going on is that you have, obviously, you know, governments that are antagonists towards the United States are trying to China, Europe, et cetera, trying to kind of pull us back, tear us down. But even a lot of these other companies as well, unfortunately, just have a different view of what business should be.
And I don't think it's going to be good for the business units in the US. It's bad for everybody.
And I don't think it's going to be good for the business units in the US. It's bad for everybody.
And I don't think it's going to be good for the business units in the US. It's bad for everybody.
I'm not surprised by that. It's so weird. What's the point of making billions of dollars if you're miserable? Because he doesn't have any principles. Because if you take a look at BlackRock, it's just been blowing in the wind over the last couple of years. When it was all about the ESG and stakeholder capitalism, we're going to hold that flag and we're going to carry it.
I'm not surprised by that. It's so weird. What's the point of making billions of dollars if you're miserable? Because he doesn't have any principles. Because if you take a look at BlackRock, it's just been blowing in the wind over the last couple of years. When it was all about the ESG and stakeholder capitalism, we're going to hold that flag and we're going to carry it.
I'm not surprised by that. It's so weird. What's the point of making billions of dollars if you're miserable? Because he doesn't have any principles. Because if you take a look at BlackRock, it's just been blowing in the wind over the last couple of years. When it was all about the ESG and stakeholder capitalism, we're going to hold that flag and we're going to carry it.
But then as soon as people just with principles think about saying, guys, you're violating your fiduciary obligation because I just asked you to make money for me, not do social engineering policies that are losing money for me. And so when all of a sudden people started pulling their money from them, they got pulled in front of Congress by a bunch of politicians.
But then as soon as people just with principles think about saying, guys, you're violating your fiduciary obligation because I just asked you to make money for me, not do social engineering policies that are losing money for me. And so when all of a sudden people started pulling their money from them, they got pulled in front of Congress by a bunch of politicians.
But then as soon as people just with principles think about saying, guys, you're violating your fiduciary obligation because I just asked you to make money for me, not do social engineering policies that are losing money for me. And so when all of a sudden people started pulling their money from them, they got pulled in front of Congress by a bunch of politicians.
Now, all of a sudden, Larry Fink is backing away. He says, I don't see ESG anymore. He pulled DEI off their website.
Now, all of a sudden, Larry Fink is backing away. He says, I don't see ESG anymore. He pulled DEI off their website.
Now, all of a sudden, Larry Fink is backing away. He says, I don't see ESG anymore. He pulled DEI off their website.
Yeah, I don't know. It's just because he's lines his own pockets along the way. I guess.
Yeah, I don't know. It's just because he's lines his own pockets along the way. I guess.