I’ve been looking at American Apparel’s advertisements for years now, and I’m still not sure what I think about them. My feelings are another story. I loathe them -- and not just because the super-hip, low-fi, can’t-be-bothered-to-look-professional-because-that’s-so-uncool aesthetic is emblematic of everything that’s irritating about a certain segment of contemporary urban youth culture. I loathe them because I believe they’re meant to evoke pornography, sometimes even child pornography. The fact that a) this cannot be proved, and b) you can’t say it without sounding like a prudish old biddy, drives me crazy.
The Inelegant Investor Summarizes Munger's Comments to the LA Times.
Munger derided compensation consultants, declaring that "I have always said that prostitution would be a step up for these people." Munger pointed out that the problem was not that CEOs were evil, but that..." envy-driven compensation mania... brings out the absolute worst in good people."
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