huh, I'd been parroting this idea for years, not really sure where I got it I guess
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RT @ESYudkowsky
Your annual reminder that there is no such thing whatsoever as a legal duty for a corporation's Board or management to maximize its profits. This is just a complete myth. Legally, you have a duty "not to loot the company" and "not to do stuff that's totally nuts", basically.
https://twitter.com/ESYudkowsky/status/1464791289434558474