Where the h*ll are so called shareholder 'activist' corporate raiders when you need them? This is an interesting video that I normally would not do, but I definitely want to touch on the subject as it is heavily related to both finance and the collectibles trade. Appointed in 2020, current and acting Nike CEO John Donahoe did what no other CEO could possibly do in less than four short years: He singlehandedly destroyed confidence in the Nike brand, eroded about $28 billion worth of shareholder value, and completely disseminated the secondary sneaker reselling market...and he still has a job...as being the CEO of Nike! Welcome to unregulated neo-capitalism where certain individuals get rewarded for their incompetence at everyone else's expense.
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Disclaimer: Speculating and investing in antiques and collectibles is inherently risky. Videos are not intended to provide direct investment advice.
