Well spoken! One has to match the two. Purpose, such as eliminating hunger, to which Jakob's grandparents contributed greatly, and business. Way to often, in Denmark at least, purposedriven aspirations, however noble, run into the trap of applying for soft money and government support, without labouring to find 'the business'; making purposes bankable and selfsustainable going forwards.

did u consider ESG score and government influence?. i think its more important to public companies imo. A large corporation has it's stock value tied to ESG score because of ESG investing and the amount regulatory oversight depends on politics. even for not public companies, If your a diverse company you're more likely to be awarded government contracts or to be able to sell products/services to large corporations. For exmaple if you wanted to provide services to say amazon or google they would request information about your diversity metrics. They won't do business with you if you're not diverse. supply chains are part of ESG. I think diversity being good for bottom line is more to do with banking and politics than higher quality worker output.

DEI Didn’t Earn It I proudly Boycott all companies, entertainment and people who promote and support DEI / ESG

This was an amazing video but I can't get over the fact that you said Cum Date with a straight face

Congratulations Dan. Such a great paper.

Promo'SM

🎉Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022

Answers from the ESG-advocates: This is too complicated for us, rather just exclude them....

Sir god bless you

𝓅𝓇o𝓂o𝓈𝓂

relazione molto interessante comunicata con grande chiarezza e convinzione

How is it possible that different significance Levels are shown in his presentation than in the paper?

The Earth is cooler w the atmos/GHGs/albedo not warmer. To perform as advertised the GHGs require "extra" energy upwelling from the surface radiating as a black body. The kinetic heat transfer processes of the contiguous atmos molecules render that scenario impossible. No greenhouse effect, no GHG heating, no man/CO2 driven climate change or Gorebal warming.

The year 2021 has been like a rollercoaster so far. The markets started off with a bang, with Redditors gathering and shaking up Wall Street by trading GameStop stocks. Then, Bitcoin started spinning the charts up and down, Ethereum surprised pretty much everyone with its price hikes, altcoins started booming like never before (just think about DOGE), new market actors even rushed in to join the race.

The video sound is pretty good, beyond my imagination

Thanks for posting this!

Very interesting conference! Thank you for sharing.

What misures did take the Sweden for Primary Schools? For example the kids can play together? Are they using the face masks? Etc

00:00 Housekeeping 0:56 Pervasive Presence of Controlling Stakes, 91% of firms globally have blockholders with 5%+ voting stake

After reviewing Pistor's attempts at defining "capital", Prof Kon Sik Kim asks at 28:58, "what exactly does she mean by capital"? To answer this question more clearly, it may be helpful to understand the original meaning of the term "capital" in double entry bookkeeping as developed by 12th century merchants in the city states of northern Italy. Roman Law (in the form of the codex iustinianus) had been newly received at the first european universities, notable at Bologna University which developed from a law school. The city states had again institutionalized Roman Law, and the merchants had to deal with it. To keep track of their inventory, the listed all their assets and debts - all denominated in the same unit of account ("money of account"). Assets represent legal rights: either ius in rem (property), or ius in personam (claims), as recently pointed out by two japanese economists (www.sanken.keio.ac.jp/publication/KEO-dp/109/DP109.pdf). Econonomists often misleadingly call Property rights "real assets", but of course property rights include not only tangibles such as land or machinery, but also intangibles such as copyrights, patents, trademarks etc.) and contractual claims. Debts are contractual commitments to pay money at some specified future date to a creditor. Pacioli's "il cavedale" is now obtained from these legal entities by mathematical tautology: the basic accounting equation: Capital = Total Assets minus total Debts. Capital in this original sense means net worth, or equity. Net worth does not represent any "thing" in the real world, not even any particular right (legal relation). It is a fully immaterial accounting quantity called a balance: it is that quantity needed to make both sides of the balance sheet equal in "lenght": From Total Assets - total Debts = Capital, it follows that Total Assets = total debts + capital. In other words, capital in its original meaning of the term (net worth, equity) is a fully immaterial, intangible accounting entity - but it is the most important entity for any business because profit - the goal of all business activity - is measured in terms of the increase of capital (net worth) over a fixed period of time (typically, 1 year). The next step then was to re-name net worth "own capital" and total debts "borrowed capital", so that the liabilities side of the balance sheet contains borrowed capital + own capital. Both are immaterial entities: borrowed capital consists of debt relations between the debtor and his creditors, own capital is a purely mathematical accounting construction with no counterpart in the "real world" of tangible things or even in the legal world of transferable rights. It represents the net value of the legal entity doing the accounting. Michael Bitz has described this very clearly: www.fernuni-hagen.de/csf/download/sch__pfungswille_schneeloch.pdf It may also be helpful to avoid vague, metaphorical language (like "minting capital", that suggests the image of a gold mine and mint creating coins), or to at least make clear that this is metaphorical language and keep it seperate from precise definitions. I agree with Prof. Kon Sik Kim that we need more precise, clear definitions than those that Ms. Pistor provides.

Thanks Professor.