by Jan-Benedict Steenkamp, author of “Time to Lead: Lessons for Today’s Leaders from Bold Decisions that Changed History“ “A fox knows many smaller things, but a hedgehog knows one big thing.” – Archilochus, Ancient Greek poet Philosopher Isaiah Berlin expanded on Archilochus’ quote in his 1953 essay The Hedgehog and the Fox, which divided writers […]
(Bloomberg) — Skyrocketing bullion prices helped Barrick Gold Corp. generate record amounts of cash — and shareholders are getting rewarded with another dividend hike.The world’s second-largest gold producer spun out $1.3 billion of free cash flow in the third quarter, prompting the company to hike its quarterly payout for a third time in the past […]
(Bloomberg) — A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades.Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-center in the fight against Covid-19. Governments have subsidized wages, mailed checks […]
