In this week’s episode of his trailblazing YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld takes on a serious topic…
The fiduciary duty that a company owes to shareholders.
All publicly traded companies are required to actively participate in their decision-making processes… and make decisions that are in the companies’ and stockholders’ best interests.
But sometimes, that duty is breached…
Executives will manipulate figures, like earnings, to qualify for incentives, like bonuses.
And, as Marc explains in this week’s episode, sometimes they have even used stock buybacks for personal profit.
But all of that pales in comparison to the outrageous breach of fiduciary duty that Marc highlights this week.
One company, hot on the heels of our digital revolution, has taken huge liberties with shareholders’ capital…
And put it to use in one of the riskiest investments in the market.
Marc took to Wealthy Retirement on Monday…
To The New York Times on Thursday…
And now to YouTube…
Just to warn investors about the company that he calls “the biggest short on the market.”
Meanwhile, the company isn’t slowing down – it’s raising even more funds to speculate on cryptocurrency, even adjusting its business model in the process.
So protect yourself…
Watch this week’s episode of State of the Market to get Marc’s take on this company and its dangerous neglect of fiduciary duty.
<<Click here to watch this week’s episode.>>
Good investing,
Mable