
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
June 10, 2021: -Investors may unwittingly have exposure to GameStop and AMC.
Those two, the poster children of the retail trader and Reddit movement, are among the most significant components in the IWM Russell 2000 ETF.
GameStop has been a significant contributor to the XRT retail ETF’s 49% gain this year.
AMC and GameStop’s outperformance this year has helped these ETFs on the way up, but it also presents a risk with so much volatility surrounding them.
Nancy Tengler, chief investment officer at Laffer Tengler Investments, said investors need to know their own. Speaking about AMC, she said the risk far outweighs the reward.
“This is a company whose management has a voracious appetite for capital, 104 million shares outstanding a year ago, 513 million now.
On Monday, Insiders sell, and it’s got negative earnings to boot,” Tengler told CNBC. “I would be a seller as fast as I possibly could at these levels, and investors should be aware of what their largest holdings are in an ETF,” he added.
An upcoming rebalancing for the Russell 2000 on June 25 should minimize some of the risks, according to Ari Wald, head of technical analysis at Oppenheimer.
“The rebalancing will take care of that problem for investors on their own. These two stocks are only 2% combined of the Russell 2000 value ETF. So that’s the beauty of a diversified ETF; you get a little of that, you get a little of this,” Wald said during the same interview.
The Russell 2000, meanwhile, should continue to drive higher, predicts Wald.
“Small caps overall are positioned to break to the upside. We were on the show a couple of weeks ago talking about an early summer rally. The Russell 2000 has formed a coiled spring. It appears to be breaking to the upside. I think that supports a summertime rally for stocks overall,” he said.
The Russell 2000 has outperformed the S&P 500 in the past week, rising by 1.8% compared with the S&P 500′s gain of less than 1%. It is also beating the large-cap index year to date.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you