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Iconic hedge fund billionaire Seth Klarman explains why traditional business models are broken, and outlines how companies can fix them

  • 📰 BusinessInsider
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

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Baupost CEO Seth Klarman said that the traditional notion of shareholder value maximization is not sustainable for a healthy economy.

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What is new about this man said? Nothing. These things about different stakeholders have been talked last two decades at least. Now we know Businesss Insider all talks about BS for eyeballs and commercials.

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