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{{a|g|[[File:Gecko.jpg|450px|thumb|center|Gordon Gecko, yesterday. He’s looking a bit tired in this photo.]]}}Apocryphal target of a hostile takeover by apocryphal corporate raider Gordon Gekko in Oliver Stone’s 1987 movie ''Wall Street''.  
{{a|g|[[File:Gecko.jpg|450px|thumb|center|Gordon Gecko, yesterday. He’s looking a bit tired in this photo.]]}}
{|
|-
|WILLARD:
| rowspan="2" |I loved you in ''Wall Street''.  
|-
|HARLEY:
|}
:—''Hot Shots, Part Deux''


It was during an ''extraordinary'' [[extraordinary general meeting]] at [[Teldar Paper]] shareholders that Gekko sought to persuade investors that “…greed, for lack of a better word, is good.”
Apocryphal target of a hostile takeover by apocryphal corporate raider [[Gordon Gekko]] in Oliver Stone’s 1987 movie ''[[Wall Street]]''.  


This launched a thousand aspiring political careers from well-meaning teenaged lefties who are now executives at bulge bracket [[investment bank]]s.
It was during an ''extraordinary'' [[extraordinary general meeting]] at [[Teldar Paper]] shareholders that Gekko sought to persuade investors that:
 
{{quote|“…greed, for lack of a better word, is good.”}}
 
This launched a thousand aspiring political careers from [[Snowflake|well-meaning teenaged lefties]] who are now executives at bulge bracket [[investment bank]]s.
 
Oliver Stone got it nearly right,  but there ''is'' a better word for greed than “good”: “''inevitable''”.
 
Greed is  ''inevitable''. If you haven’t configured your operation, business, polity, etc., to assume that users will be coming at everything they do, first and foremost, from a perspective of personal enrichment and self-interest, it’s gonna break.
 
This did not stop the [[snowflake]]s of the world forgetting this in the early 2020s.  


Oliver Stone got it nearly right. But there ''is'' a better word for greed that “good”: “''inevitable''”. Greed is  ''inevitable''. If you haven’t configured your operation to assume that users will be coming from a perspective of personal enrichment, it’s gonna break.
{{sa}}
{{sa}}
*[[Stakeholder capitalism]]
*[[Shareholder capitalism]]
*[[Snowflake]]
*[[Evolution]]
*[[Evolution]]
*[[Corporate action]]
*[[Corporate action]]

Latest revision as of 14:24, 25 October 2023

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
Gordon Gecko, yesterday. He’s looking a bit tired in this photo.
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Glossary

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WILLARD: I loved you in Wall Street.
HARLEY:
—Hot Shots, Part Deux

Apocryphal target of a hostile takeover by apocryphal corporate raider Gordon Gekko in Oliver Stone’s 1987 movie Wall Street.

It was during an extraordinary extraordinary general meeting at Teldar Paper shareholders that Gekko sought to persuade investors that:

“…greed, for lack of a better word, is good.”

This launched a thousand aspiring political careers from well-meaning teenaged lefties who are now executives at bulge bracket investment banks.

Oliver Stone got it nearly right, but there is a better word for greed than “good”: “inevitable”.

Greed is inevitable. If you haven’t configured your operation, business, polity, etc., to assume that users will be coming at everything they do, first and foremost, from a perspective of personal enrichment and self-interest, it’s gonna break.

This did not stop the snowflakes of the world forgetting this in the early 2020s.

See also

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