Timely links to external news and articles, usually valuation related, with occasional commentary.
What is the problem with “Yes Men?” They tell their masters what they want to hear, fail to challenge their worst ideas, and generally encourage their patron’s own bad instincts. As we have seen in 2022, “Yes Men” are disastrous for titans of industry, billionaires, even monarchs.
Some of 2022’s most disastrous situations occurred because these people failed to have anyone around to challenge or push them to come up with better solutions. They needed to have some “No Men” around.
Incredibly good advice, albeit difficult to follow. Always have someone that can comfortably and safely disagree with you.