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31 May 2024: Business activities considered “detrimental” to society like gambling or alcohol are forbidden. ... To attempt blitzscaling like neobank Monzo, where growth is prioritised over profit, is considered an “old hat” approach at Kestrl.

31 May 2024: Business activities considered “detrimental” to society like gambling or alcohol are forbidden. ... To attempt blitzscaling like neobank Monzo, where growth is prioritised over profit, is considered an “old hat” approach at Kestrl.

31 May 2024: Gambling for ripoff, which means taking a very big risk, benefiting the owners at the expense of the creditors and overall efficiency – like an “asset substitution on steroids.” Ripoff is optimal ... be pushed into bankruptcy, and gambling is only

31 May 2024: One particularly interesting one is gambling. Almost everyone knows in advance that the likely outcome of gambling is loss, so why do people gamble then? ... takeaway is that gambling behaviour plays too strong a role in financial markets to be neglected.

31 May 2024: like advertising group WPP, fashion firm Burberry and consumer products company Reckett Benckiser./p pThere have been plenty of recent academic articles on the subject, too – particularly since the financial crisis ... The CEO can surely try to

31 May 2024: The financial crisis, like any other major economic event, probably has more than one cause, and both credit demand and supply channels have contributed to it. ... The CEO can surely try to increase the absolute return by spending more time looking for

Gambling behaviour is not limited to betting in casinos and has widespread implications in financial markets. ... The main takeaway is that gambling behaviour plays too strong a role in financial markets to be neglected.

31 May 2024: One particularly interesting one is gambling. Almost everyone knows in advance that the likely outcome of gambling is loss, so why do people gamble then? ... takeaway is that gambling behaviour plays too strong a role in financial markets to be neglected.

31 May 2024: Blocks -- pConference calls involving CEOs and financial analysts are usually focused laser-like on business performance: what were revenues, profits, cash flow and other key indicators for the quarter? ... Internal” references included words like me, I

The question is not trivial at all, as it would help policy makers to align incentives of financial institutions and their executives, keeping economic turmoil like 2008 crisis from occurring again. ... The CEO can surely try to increase the absolute