By Joel Litman
Editor's note: Some management teams play elaborate games to try to win the public's approval. But according to Joel Litman – founder of our corporate affiliate Altimetry – all the good press can sometimes distract you from what's really going on beneath the surface.
In today's Weekend Edition, we're taking a break from our usual fare to share one of Joel's essays, updated from a May 2023 issue of the free Altimetry Daily Authority e-letter. In it, Joel explains how to look past the false signals – and expose potential red flags...
Only a madman could end the Vietnam War...
By 1969, the U.S. had been involved in Vietnam for nearly a decade and a half. The war was costly, bloody, and vastly unpopular. And when former President Richard Nixon took office that year, he desperately wanted an off-ramp.