A Quote by Jim Cramer
Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
Quote Topics
Quote Author
Related Quotes
I have to look out for the shareholder’s interests, and I’m the largest shareholder.
the miserable specimens who call themselves ' liberals ' are really conservatives: they're desperately even hysterically defending a welfare-warfare kleptocracy that is now at least four generations old, against growing numbers of us (unlike Republicans , who seem to become more ignorant with every passing year) who have actually managed to learn something from history and are struggling to dismantle said kleptocracy.
Stock ownership in the US is very highly concentrated. [Shareholder actions are] something, but it's like the old Communist Party in the USSR, it would be nice to see more protest inside the Communist Party but it's not democracy. It's not going to happen. [Shareholder actions] are a good step, but they're mostly symbolic.
We are moving rapidly from an era of an oligopoly of content providers to an oligopoly of content controllers: new choke points. This is not media consolidation in the traditional sense, where a few huge conglomerates used economies of scale to dominate journalism by dominating the local and national agendas. This consolidation, to a very few companies plus increasing government intervention, is even more dangerous - and information providers of all kinds are finally starting to grasp what’s happening.
Our society will always remain an unstable and explosive compound as long as political power is vested in the masses and economic power in the classes. In the end one of these powers will rule. Either the plutocracy will buy up the democracy, or the democracy will vote away the plutocracy.
Shareholder value is the result of you doing a great job, watching your share price go up, your shareholders win, and dividends increasing. What happens when you have increasing shareholder value? You're delivering better employees to their communities and they can give back. Communities are winning because employees are involved in mentoring and all these other things. Customers are winning because you're providing them new products.
Ultimately, I don't think even a five-company platform oligopoly is good for consumer tech. By its very nature, it handicaps independent companies with new ideas. But it will end one day. I just don't know when.
Good shareholder activists have incredible interest in the company because they own a lot of it.
Rather than empowering all, consumer and shareholder activism gives greatest voice to those with the most money in their pockets, those who can switch from seller to seller with relative ease. Consumer and shareholder activism is a form of protest that favours the middle classes, an outpouring of the dissatisfaction of the bourgeoisie.
Free-market capitalism, in the blink of an eye, was gutted and replaced by an oligopoly.
Shareholder value gets lost when things are done illegally, when corporate governance is not adhered to, when cohesive action is not taken.
The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done - dare I say it - in the name of God.
Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
I'm a shareholder in Microsoft Corp. of some size, and while I don't work for the place anymore, I think a lot about that investment, how - as an outsider - might I add value or not add value? Do I believe that things are headed in a good direction? So I wouldn't say I spend the majority of my time on that, but I spend some time on that as well.
I think the biggest single issue is income inequity and what this is doing to the good old "American dream." This and corporatism - this delusional idea that "shareholder value" outweighs everything else.
The lobby is the army of the plutocracy.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman