The Preserving Optionality Edition

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 3 September 2016

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of Slate Money, hosts Felix Salmon of Fusion, Cathy O’Neil, author of the upcoming, Weapons of Math Destruction, and Slate Moneybox columnist, Jordan Weisman, discuss: Apple’s overseas tax problem.How the university Harvey Mudd transformed its Computer Science department to encourage an unprecedented number of female majors.How the struggling clothing chain Aéropostale is being bought by the malls that house their stores. Email: [email protected] Twitter: @felixsalmon, @mathbabedotorg, @JHWeissmann Production by Zachary Dinerstein Slate Money is brought to you by Boll and Branch. Get $50 off your first set of sheets, plus free shipping, by going to BollandBranch.com and using promo code money. And by Wunder Capital, an award-winning online investment platform that allows individuals to invest in solar energy projects across the U.S. Create an account for free at WunderCapital.com/money. And by Placemakers, a new Slate podcast made possible by JPMorgan Chase. This podcast tells the stories of neighborhoods, businesses, and nonprofits that are working together to move their communities forward. Download and subscribe to Placemakers wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Revolute. Revolute is your perfect travel
0:04.6	companion for all things money. You can spend in over 150 currencies with great
0:09.6	exchange rates and withdraw from ATMs all over the world with no charges from
0:14.3	Revolute within your plan allowance. Sign up to Revolute at Revolute.com
0:18.3	slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:23.6	Until 18-plus, T's and C supply, exchange fees and fair usage limits supply.
0:30.1	The following podcast contains explicit language.
0:33.3	Hello! And welcome to the Preserving Optionality Edition of Slate Money, your guide to the Business and Finance News of the Week.
0:51.0	The title, by the way, is a financial in joke that it's all to do with investment bankers and
0:59.8	investment bankers charge enormous fees providing advice to companies and the thing that they often do when they provide advice to companies is they, you know, cash their enormous check and then they say,
1:12.9	I think what you should do is preserve optionality,
1:15.2	which is basically a very fancy way of saying,
1:17.4	do nothing at all.
1:19.2	Yes.
1:19.6	And so if you want to get paid lots of money for advising people to do absolutely nothing,
1:26.7	you have to learn this phrase.
1:27.9	Preserve optionality.
1:29.1	It comes in surprisingly handy in many different contexts.
1:34.3	I am Felix Ammon in Fusion.
1:36.5	I am joined with the core slate money team.
1:40.5	No last minute swap outs here.
1:43.0	So Felix, I wanted to call this episode
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.