paul b

Whole Foods' Mackey: Eat Meat, But Don't Go

Yeah, who cares? After all, we're all making money, right?

The difference between a Mackey and a Bezos is one of morality. Mackey was using his knowledge to push down OATS price by belittling it, until such time he could buy the co himself. That's a violation of ethics for someone running a public company. On good news about two years ago, I took a position in OATS. But when I read Mackey's very convincing incognito screeds, I quickly abandoned it. OATS went on to make more gains.

Yes, I should rely on my own research, but it's naive to think someone with Mackey's articulation cannot influence investors to their harm.

It was only sex in the oval office, eh?
paul1149