Latest / Radio Baloney - The Richie Baloney Show! / KEVIN O'LEARY DEI Is On The Way OUT

Transcript

KEVIN O'LEARY DEI Is On The Way OUT · Radio Baloney - The Richie Baloney Show!

• 0:03
  Speaker 1: Kevin O'Leary, America has clearly decided on this issue. Corporate
• 0:08
  Speaker 1: America got lost with a combination of idiot management and
• 0:12
  Speaker 1: the inability to read the room. So he's talking about
• 0:17
  Speaker 1: DEI and the question is has sanity returned? Or to
• 0:22
  Speaker 1: what degree will sanity really return? Let's see what he
• 0:25
  Speaker 1: has to say about it.
• 0:26
  Speaker 2: Corporate America got lost and then it took a huge
• 0:30
  Speaker 2: lesson down from Einhuzard Bush on bud Light. We teach
• 0:33
  Speaker 2: that in business schools now a complete combination of idiot
• 0:38
  Speaker 2: management and the inability to read the room. And America's
• 0:43
  Speaker 2: clearly decided on this issue. And for the boardroom not
• 0:47
  Speaker 2: to be sensitive and understand what's going on out there,
• 0:51
  Speaker 2: they get punished at the store level. Target's a great example. Wow,
• 0:56
  Speaker 2: when they got in that whole gender identity stuff, they
• 0:59
  Speaker 2: got slaughtered and they still haven't come back. What mother
• 1:03
  Speaker 2: wants to take their kids there and get into gender
• 1:05
  Speaker 2: identity on underwear?
• 1:06
  Speaker 1: They never really said sorry.
• 1:09
  Speaker 2: It doesn't matter. The market did it for them. It
• 1:12
  Speaker 2: crushed them, and I think they should get the whacking
• 1:15
  Speaker 2: stick out of If I were on that board, I
• 1:16
  Speaker 2: find out who put that policy a place and a
• 1:19
  Speaker 2: whackon and a hacking. You got to start punishing stupidity
• 1:23
  Speaker 2: at the management level. That is how you solve for this.
• 1:27
  Speaker 2: That's how we used to do it twenty thirty years ago.
• 1:29
  Speaker 2: Walmart's getting out ahead of that and saying we don't
• 1:31
  Speaker 2: want that, thank.
• 1:32
  Speaker 1: You very much.
• 1:33
  Speaker 2: We're going to do the statement.
• 1:33
  Speaker 1: We're going to get out of this and we want
• 1:35
  Speaker 1: to avoid the punishment. Basically.
• 1:36
  Speaker 2: Yeah, but I mean, the customer is always right, always decides,
• 1:40
  Speaker 2: and you have to read the customer, the mother, the
• 1:43
  Speaker 2: father that brings their kids into that store of By
• 1:45
  Speaker 2: toys and is faced with all this what crapola like
• 1:49
  Speaker 2: it doesn't make any sense, and they pay a horrible
• 1:52
  Speaker 2: price for it. And I think it's great and that
• 1:55
  Speaker 2: anhe has a boostcase. That's such a great case to
• 1:57
  Speaker 2: teach managers in business schools because they are a lot
• 2:02
  Speaker 2: of them are thinking, oh gee, it's the right thing
• 2:04
  Speaker 2: to do. You look at the numbers. No beer company
• 2:07
  Speaker 2: in history has been slaughtered that hard, right right from
• 2:11
  Speaker 2: the beer kales being shot off.
• 2:12
  Speaker 1: We call it a teachable moment. So part of it
• 2:16
  Speaker 1: is idiots. I think part of its ESG environmental social
• 2:20
  Speaker 1: governance getting that Blackrock money, getting investment money, you know
• 2:24
  Speaker 1: the ESG score, which seems to be faltering now at
• 2:27
  Speaker 1: this point. I think part of it too is that
• 2:30
  Speaker 1: you know they I think they recruit, you know, the
• 2:33
  Speaker 1: next generation of talent out of ivy leagues, And if
• 2:36
  Speaker 1: you're coming out of an IVY league, you're very likely
• 2:38
  Speaker 1: to have been indoctrinated. You've certainly been through the indoctrination.
• 2:43
  Speaker 1: Just a question of whether or not you're feeble minded
• 2:45
  Speaker 1: enough that the mind virus could take hold in your brain,
• 2:48
  Speaker 1: because it doesn't with everybody, right, not everybody is vulnerable
• 2:53
  Speaker 1: to the brain infection, which is progressivism, but a lot
• 2:57
  Speaker 1: of them are going to be. Especially when you're young,
• 2:59
  Speaker 1: you're more susceptible to terrible ideas. So a lot of
• 3:02
  Speaker 1: the people that are going to be recruiting as the
• 3:03
  Speaker 1: next generation of leader are going to be parasitized woke zombies.
• 3:08
  Speaker 1: And once the mind virus takes over, right, whatever your
• 3:12
  Speaker 1: original purpose was is gone. Now it's about spreading the
• 3:14
  Speaker 1: mind virus. You see this in every institution. The institutions
• 3:18
  Speaker 1: themselves change all of a sudden, become not about what
• 3:22
  Speaker 1: they were originally created for, but just about spreading the
• 3:26
  Speaker 1: mind virus that becomes their main function, that becomes the
• 3:29
  Speaker 1: most important function for them. It turns out the market
• 3:33
  Speaker 1: is pretty powerful and the market still has the ability
• 3:37
  Speaker 1: to make corrections because ultimately, if you go out of business, well,
• 3:43
  Speaker 1: you know, the mind virus that had infected that business
• 3:46
  Speaker 1: dies too along with the business. Right, So unless the
• 3:50
  Speaker 1: peoples continue to be h zombies and get to other companies.
• 3:54
  Speaker 1: But I think as well, you know, you start to
• 3:56
  Speaker 1: learn after a while that don't hire those people. They've
• 4:00
  Speaker 1: got to rack your company. Anyway. That's all I'm gonna
• 4:03
  Speaker 1: say about that. Please like, share and subscribe. Subscribing really
• 4:07
  Speaker 1: helps me out. I thank you for that. I will
• 4:09
  Speaker 1: see you next time.