I’ve recently subscribed to an email newsletter by Matthew Levine that I’m really enjoying. It’s mostly inside baseball stuff about finance which is tedious at times but the writing is very good. I love this quote from a recent article: One rough model that you could have for modern corporate finance is that most senior corporate executives are mostly in the business of maximizing cash flows for shareholders, because that is what they were trained to do, but lots of shareholders are actually interested in something else.
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