They are only looking at the profit margins. My observation is that CEOs tale no responsibility for their decisions. They just assume it will work out in the end.
“They are only looking at the profit margins. My observation is that CEOs tale no responsibility for their decisions. They just assume it will work out in the end.”
If this all blows up what do they care? They are hedged against SHTF by buying survival bunkers in NZ, Hawaii for Zuck, Idaho, Montana, and so on.
(Most) of our mega rich secretly know they may be moving our civilization to disintegration but they care less than getting King Midas like wealthy..
Proof you ask?
They are building lavish underground bunkers, some with realistic artificial skylights, swimming pools and fuel.food supplies to last the rest of their lives. They are perfectly willing to let us all die; road Warrior style. Meanwhile they are snuggled in with their family and a small harem of beautiful escorts.
https://www.cnn.com/style/article/doomsday-luxury-bunkers
There couldn’t be a better example of that than Alex Carp and his CIA-funded Palantir.
“They are only looking at the profit margins. My observation is that CEOs tale no responsibility for their decisions. They just assume it will work out in the end.”
Palantir Ownership
The Vanguard Group 9.4%
Peter Thiel 7.2%
BlackRock 4.7%
SOMPO Holdings 3.9%
Alex Karp[159] 2.5%
Renaissance Technologies 2.1%
State Street Corporation 1.9%
Geode Capital Management 1.4%
Jane Street Capital 1.1%
Eaton Vance 1.1%
D. E. Shaw & Co. 1.0%
Others 66.2%