May 13, 2018

GET WOKE, GO BROKE: The Strange Case of Dick’s. “Dick’s CEO cares more about his standing with the club than about his company’s profitability. If I were a Dick’s shareholder, this would make me very unhappy. So far, Dick’s anti-gun activism doesn’t seem to have hurt the company’s value; not much, anyway. But Stack’s admission that his virtue signaling likely will lose shareholders’ money is remarkable.”

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