Motley Fool Money - How to Win in Business: Be Right, Be Positive

Executives like to talk about innovation, but how do you spot the difference between world changing stuff and corporate theater?


Elliott Parker is the CEO of High Alpha Innovation and author of, “The Illusion of Innovation.” Parker joins Ricky Mulvey for a conversation about:

  • The power in being contrarian
  • One mega cap that knows how to innovate
  • Why ROIC is not a foolproof metric for investors. 


Companies discussed: MSFT, IBM, AMZN, NFLX, BRK 


Host: Ricky Mulvey

Guest: Elliott Parker

Producers: Mary Long

Engineers: Rick Engdahl

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NBN Book of the Day - David Pozen, “The Constitution of the War on Drugs” (Oxford UP, 2024)

David Pozen is the Charles Keller Beekman Professor of Law at Columbia Law School and the author of the new book, The Constitution of the War on Drugs (Oxford UP, 2024). An expert in constitutional law, Pozen argues that the drug war has been an unmitigated disaster, in terms of money, efficacy, and human rights. But even as activists peel off the drug war’s more unsavory aspects through cannabis and psychedelic legalization, Pozen also argues that they’ve neglected to consider the impact America’s courts could have on rectifying oppressive drug laws.

It wasn’t always this way. The Constitution of the War on Drugs also details the “hidden history” of a brief legal moment in the late 1960s and early 1970s when lawyers effectively argued for liberalized drug policies – on the sound basis of the Constitution. The moment was eventually overturned, but Pozen argues it could be a useful historical lesson for people interested in the effects of constitutional law on the drug war today.

A link to the digital edition of The Constitution of the War on Drugs will soon be available here.

Emily Dufton is the author of Grass Roots: The Rise and Fall and Rise of Marijuana in America (Basic Books, 2017). A drug historian and writer, her second book, on the development of the opioid addiction medication industry, is coming out soon from the University of Chicago Press.

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New Books in Native American Studies - John H. Cable, “Southern Enclosure: Settler Colonialism and the Postwar Transformation of Mississippi” (UP of Kansas, 2023)

Historians of the American South have come to consider the mechanization and consolidation of cotton farming—the “Southern enclosure movement”—to be a watershed event in the region’s history. In the decades after World War II, this transition pushed innumerable sharecroppers, tenant farmers, and smallholders off the land, redistributing territory and resources upward to a handful of large, mainly white operators. By disproportionately displacing Black farmers, enclosure also slowed the progress of the civil rights movement and limited its impact.

Dr. John Cable’s Southern Enclosure: Settler Colonialism and the Postwar Transformation of Mississippi (University Press of Kansas, 2023) is among the first studies to explore that process through the interpretive lens of settler colonialism. Focusing on east-central Mississippi, home of the Mississippi Band of Choctaw Indians, Dr. Cable situates enclosure in the long history of dispossession that began with Indian Removal. The book follows elite white landowners and Black and Choctaw farmers from World War II to 1960—the period when the old, labor-intensive farm structure collapsed. By acknowledging that this process occurred on taken land, Dr. Cable demonstrates that the records of agricultural agents, segregationist politicians, and the Bureau of Indian Affairs (BIA) are traces of ongoing colonization.

The settler colonial framework, rarely associated with the postwar South, sheds important light on the shifting categories of race and class. It also prompts comparisons with other settler societies (states in southern and eastern Africa, for instance) whose timelines, racial regimes, and agrarian transitions were similar to those of the South. This postwar history of the South suggests ways in which the BIA’s termination policy dovetailed with Southern segregationism and, at the same time, points to some of the shortcomings of the burgeoning field of settler colonial studies.


This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars.

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Everything Everywhere Daily - Operation Valkyrie and the Plot to Kill Hitler (Encore)

Adolf Hitler single-handedly started the Second World War in Europe. 

While the Allies were desperately trying to end the Third Reich and Hitler personally, they weren’t the only ones trying to bring Hilter’s reign to an end.

Inside Nazi Germany, a small but committed group sought to remove Hitler from power, and they took action in July 1944.

Learn more about Operation Valkyrie and the plot to assassinate Hitler on this episode of Everything Everywhere Daily.


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Up First from NPR - The Sunday Story: Startups want to cool Earth by reflecting sunlight

From brightening ocean clouds to launching sulfur dioxide into the stratosphere, some entrepreneurs and scientists are testing technology that could reflect sunlight back into space to combat global warming. There's evidence some types of solar geoengineering could lower global temperatures a lot. But along with potential benefits come huge potential risks. Experts say the science isn't settled and regulations aren't keeping up. Today on The Sunday Story, a journey into the world of solar geoengineering.

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What Next | Daily News and Analysis - TBD | The Failures of ‘Organic’ Farming

There are regulations regarding how farm animals are transported, how they’re auctioned, how they’re slaughtered—but when they’re living on the farm? That’s where things get cloudy. 


Guest: Annie Lowrey, journalist writing on politics and economic policy for The Atlantic.


Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.


Podcast production by Evan Campbell, Patrick Fort, and Anna Phillips.

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The Gist - BEST OF THE GIST: Harvey, Tossed Edition … Gross

In this installment of Best Of The Gist, a jumbo archival interview (originally a two-parter, combined to one) with Prison Consultant Craig Rothfeld, who also happens to be a childhood friend of Mike’s. Rothfeld prepares soon-to-be inmates on the rules and survival techniques of prison life, because, as you might imagine, he himself once did time. In this capacity, Rothfeld was once employed by Harvey Weinstein, whose New York rape conviction was tossed out by an appeals court this week. Then we will listen back to Mike’s April 25, 2024 Spiel addressing the Weinstein ruling. 

 

Produced by Joel Patterson and Corey Wara 

Email us at thegist@mikepesca.com 

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Follow Mike’s Substack: Pesca Profundities | Mike Pesca | Substack 

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Motley Fool Money - Why Resale is Forever

Winmark doesn’t make a lot of noise. The business speaks for itself.


Winmark, a resale is a franchisor that owns concepts including Plato’s Closet, Play It Again Sports, and Once Upon a Child. The company has tripled the return of the S&P 500 since its IPO, and delivered an annualized return of 18% over the past five years.

So, investors may want to pay attention to it.


Motley Fool Canada’s Jim Gillies caught up with Winmark CEO, Brett Heffes for a conversation about:


- The growth of Play It Again Sports and a slowdown at Music Go Round.

- How Heffes thinks about capital allocation.

- Building an everlasting business.


Company discussed: WINA


Host: Jim Gillies

Guest: Brett Heffes

Producer: Ricky Mulvey

Engineer: Rick Engdahl

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Up First from NPR - Student Protests Continue, The Week In Trump Trials, UNRWA Report

Campus demonstrations in support of Gaza have spread to schools unaccustomed to such activism. In New York City and Washington, D.C., Donald Trump's attorneys defended him and made some extreme claims. An independent investigation finds Israel has not supported claims that a significant number of workers at the The United Nations Relief and Works Agency for Palestine Refugees in the Near East are members of Hamas.

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