From WSJopinion: The job of a fiduciary isn’t to be popular. It is to be right—and to survive when others may not, writes Richard J. Shinder
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson, Dan Henninger and Allysia Finley. Images: AP/AFP/Getty Images Composite: Mark KellyNot even the most insightful manager could have predicted at the beginning of 2020 that a global pandemic would turn economies upside down.
While corporate and investment fiduciaries are responsible for pricing and mitigating risk, most of their focus is taken up with what Donald Rumsfeld would have characterized as “known unknowns.” These are categorical threats—expropriation, regulatory actions, litigation, cybersecurity, weather-related or reputational risks—understood to threaten the strategic and business objectives of commercial enterprises. But they aren’t the only threats.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As India's virus cases rise, so do questions over death tollQuestions arise over India's Covid-19 death toll as cases continue to rise. Experts say the numbers are misleading and that India is not counting many deaths.
Read more »
Los Angeles deputy who was critically injured in Compton shooting was released from hospital, sheriff saysOne of the two Los Angeles County Sheriff's deputies attacked by an unknown gunman has been released from the hospital. The 24-year-old deputy was released Wednesday and his 31-year-old partner, who helped save his life, remains hospitalized, police said.
Read more »
Bandai Namco Acquires Montreal Game Developer ReflectorThe deal to buy the company behind the 'Unknown 9' franchise continues the Japanese gaming giant's strategy of developing half its content outside of its home market.
Read more »
Trump Stoked Police Violence, and It May Have Cost Him the ElectionPresident Trump hasn't just failed to restrain police violence; he hasn't even tried. It might cost him the election. jonathanchait writes
Read more »
A WNBA Star Fell in Love With the Man She Helped Free From PrisonLove *IS* real. “She saved my life. I would not have this chance if not for her and her wonderful family. She saved my life and I cannot say it better than that”
Read more »
Winston Groom, author of 'Forrest Gump,' dies at 77In addition to writing 'Forrest Gump,' which became a pop-culture phenomenon that sold 1.7 million copies on the strength of its adaptation into the iconic movie, Winston Groom authored other novels and numerous nonfiction books.
Read more »