Hardly a day goes by without major news about climate risk and how companies are responding to it. Amid this onslaught it can be hard to spot what’s truly significant. In just the past week, a group of investors sounded the alarm about the financial risks of climate change, Microsoft’s billion-dollar climate innovation fund joined […]
When Apple shares were plunging amid a broad market rout yesterday, Apple CEO Tim Cook penned a short email to Jim Cramer, host of CNBC’s “Mad Money,” to provide reassurance about Apple’s business in China. The shares promptly rallied. It’s not always that easy to quell a panic, but there are a few important lessons […]
Reading a Monday newspaper is so entertaining. You can catch up on the sports results, and you can see which companies spent the weekend trying to shape news coverage for the week ahead. It looks like officials at Apple and Pimco had a very busy weekend.
The passing of Steve Jobs left a big gap. Since his death nearly two years ago there hasn’t been a CEO with Jobs’s combination of brilliance, mystery and breathtaking commercial success. But with his surprise purchase of the Washington Post, Jeff Bezos might be stepping into the role Jobs left behind.
Here’s a new investment strategy: sell shares of any company that trots out new advertisements that reek of self-importance. Morgan Stanley and Apple – which both have new campaigns running now – would top the list.
Lately I’ve been thinking a lot about risk and corporate cultures. Some cultures produce disasters, like the massive, concealed trading loss at UBS – the most recent in a long streak of debacles for the bank. Other environments, however, seem consistently to produce good things – valued products and great experiences. Apple of course comes […]
I’m starting a new feature that will run every Friday (well, that’s the plan anyway) and focus on one or two interesting pieces on risk. I’ll flag news articles, speeches, commentaries and other content that offers a thoughtful perspective on risk – both purposeful risk-taking as well as risk mitigation. This week, it seems appropriate […]