![]() We don’t hear the stories of people who did the same thing at companies that went bust. If the company does well, you do well - who could resist that kind of proposition? I think the danger is that we all have heard stories about the earliest employees at Google or Microsoft or any number of other companies, who made millions or, in some cases, tens or hundreds of millions of dollars, by investing in their own company’s stock. People want to feel that they are part of the company they work at. Below is an edited transcript of their conversation.ĭavid Brancaccio: I suppose it’s nice to have some skin in the game with your own company, hold their stock if it’s a publicly traded company - so that if your company’s doing great because of all your hard work, you get a little piece of it in your portfolio. Marketplace’s David Brancaccio sat down with Jason Zweig, who writes “The Intelligent Investor” column for The Wall Street Journal, to discuss some of the lessons learned. One of the many takeaways from the Enron scandal has to do with personal finances and how investing all of your money in your own company’s stock might not be the wisest move. We’re watching one documentary a month on economic themes for our Econ Extra Credit “Documentary Studies” project, and this month it’s “Enron: The Smartest Guys in the Room” - the story of the accounting scandal that exploded into the public eye 20 years ago.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |