Part 11/14:
Larry condemns the escalating attorney fees and the industry of shareholder activism built around exploiting the legal system, criticizing the Delaware court's past decisions and their impact on corporate governance transparency. Jeff adds that legal battles over Musk’s compensation are emblematic of broader issues—such as the disconnect between market value and executive pay—that threaten the perception of fairness in corporate America.
Elon Musk and the Potential of Acquiring Apple
Finally, the hosts discuss a provocative idea: should Elon Musk consider taking control of Apple? Larry advocates for Musk to pursue a takeover, citing Apple’s stagnation and internal management challenges as areas where Musk’s innovation and leadership could make a difference.