Katie Martin

jellyfish experts please get in touch unhedged at ft.com but malcolm we're going to come back in just one sec with long short and you're not allowed to say barnacles okay

Alrighty, now it is time for long, short, where we go long, a thing we love, or short, a thing we hate.

Malcolm Moore, what are you saying?

Yeah, I think this sounds good.

I am long lower value human capital.

You were almost certainly aware of the story this week where it's the Standard Chartered Chief Executive, Bill Winters.

He said to journalists that they're looking at sweeping layoffs, thousands of people to replace quotes, in some cases, lower value human capital.

This went down like a cup of cold sick and he's had to follow through.

Hello, I'm paid 13 million pounds a year and I'm going to fire 8000 people.

But some of them are lower value human capital.

Anyway, he's trying to make nicey nice afterwards.

But this just feels like one of those comments that it doesn't it doesn't sound good, does it?

could go viral malcolm moore you are higher value human capital thank you so much for coming on the show listeners we will be back in your ears on tuesday i hope you have a lovely long weekend if you get one between now and then so listen up then

Unhedged is produced by Jake Harper and edited by Brian Erstadt.

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