David Dayen: Author "Monopolized: Life in the Age of Corporate Power" | SALT Talks #43

03/31/21 • 42 min

David Dayen is the Executive Editor of The American Prospect magazine and the Author of Monopolized: Life in the Age of Corporate Power. He writes about the effects of power consolidation across technology, manufacturing and more.

One company has no incentive to provide an exceptional product. Having one company responsible for large amounts of people and products creates severe supply chain risks and results in city abandonment. With regard to companies like Amazon, “You cannot control a platform and compete on the same platform.”

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To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks

Moderated by Anthony Scaramucci.

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To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks

Moderated by Anthony Scaramucci.

Previous Episode

Jim McKelvey: Co-Founder of Square & Author of "The Innovation Stack" | SALT Talks #42

Jim McKelvey is the Co-Founder of Square and Author of The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time. Jim had the idea to start Square when he couldn’t take a customer’s credit card at his glassblowing studio. Square would go on to survive a major challenge from Amazon due to its Innovation Stack.

“If you put yourself in a situation where the only solution is to create something new, then you need to understand that the process of innovation is different.” An Innovation Stack is a series of interlocking inventions. While individual elements cannot be viewed individually, the entire Stack fails if one block is missing. We are surrounded by hundreds of examples, but we don’t consider them innovative because they serve as the basis for entire industries.

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To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks

Moderated by Anthony Scaramucci.

Next Episode

Panayiotis Lambropoulos: Risk Mitigation, Portfolio Construction & Seeking Alpha | SALT Talks #44

Panayiotis Lambropoulos is a Portfolio Manager at the Employees Retirement System of Texas, a $28 billion retirement plan located in Austin, Texas. His responsibilities include sourcing, analyzing and evaluating potential third party managers deploying all types of alternative investment strategies.

“There is a lot of diversification and dispersion going on beneath the surface of the S&P 500.” This should benefit active managers and active hedge funds. Although passive management is getting attention, the recent rebound in the S&P is due to 4-5 stocks, which account for a quarter of the rally. More than 50% of the S&P is trading below its all-time highs.

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To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks

Moderated by Anthony Scaramucci.