Ken Griffin

You can't just build a factory and dump your waste into the river in the backyard.

You just can't do that.

So I think it's important to appreciate that no one, when they argue for less regulation, is arguing for a reversal of these very important policies that protect the safe and health welfare of the American people.

When the US government starts to engage in corporate America in a way that tastes of favoritism, I know for most CEOs that I'm friends with, they find it incredibly distasteful.

Like we want to go run our businesses and win on the merits of providing a better customer to our products at a lower price.

Like that's how we win.

And when you start to say that you're going to win or lose because you get a regulatory favor out of Washington, do you know what you say?

God, I mean, I'm close to this administration, but does that mean the next administration is going to grant a favor to one of my competitors or take a favor away from me because I don't support them publicly?

Most CEOs just don't want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in running their business.

They want to focus better products, better marketing, better distribution.

more value created for their customers, some of which is shared with their shareholders.

So I think there's a couple of challenges that corporate executives face on this front.

What we saw over the last, we go back over the last 10 years, companies that found themselves in the middle of the whole woke movement

would find their products either embraced or ostracized by tens of millions of Americans overnight.

And that's created a level of fear and apprehension amongst the corporate CEO class to insert themselves in any publicly facing issues these days.

Like the power of social media to persuade

millions or tens of millions of consumers to make a product choice is really terrifying to corporate executives.

And I think it's put them in a very just intrinsically like withdrawn position.

I mean, of course it bothers me.

Of course it does, right?