I've always thought it was kind of silly the way people disclose their financial interests. People usually write "Full Disclosure - ..." then goes on to say that they own an interest in the company they are talking about or they own a position in the stock they are touting. I think it is a pretty silly thing to say that because in this world it is obvious that people look out for themselves and their own interests. If they don't then they don't survive.
In the blogosphere, you will often read that someone does or does not have an interest in what they are writing about. Maybe they are writing on their blog about some subject that they find interesting but do not have a financial interest in, but the fact that they have their own blog and are promoting it essentially means that they have an interest in the success of the work. Thus self-promotion essentially runs counter to the full disclosure that a person has no interests in the products or things they are writing about. We live in a world of shameless self-promotion and we are all guilty of it.
Thus I have developed a full disclosure that any capitalist should consider adopting.
FULL DISCLOSURE:
I am a capitalist. What that means is that everything I do I do for my interest or any of these entities that are in my sphere of influence - my family, colleagues, portfolio companies, my community, or my profession. Given that I am a capitalist, a lot of what I do during the day is geared toward stimulating profits or the progress of the free markets. In short, I make money and help other people make money. Most of what I say or do works toward that effect.
Comments