George Floyd, an African American from Minneapolis was murdered last week in one of the most despicable displays of police brutality ever recorded. The event spurred protests in almost every major city in the country and a few unfortunate riots.
Below are a few of my opinions on the matter:
Racism is more prevalent in America than I thought possible.
Police officers are not all racists, but there is a culture of racism that infects the law enforcement community at almost every level nationwide, and it will not change until law enforcement managers are fired, pensions are lost and perpetrators are jailed.
People who were unmoved by Floyd’s murder but critical about the protesters aren’t just part of the problem, they are the problem.
Racism and economic disparity are the biggest threats to the American system.
Eliminating systemic racism in our society will require an all-hands-on-deck effort.
Prayers, warm thoughts, and social media posts are nice, but they won’t end racism or make a material difference.
Only voting and donating money to candidates and organizations who stand firmly against racism in all forms will get the job done.
Some of the organization’s that have a strong history of fighting racism are:
Professional investors know that the best way to make it big is to believe in something that almost everyone disagrees with - and be right. That could be a business idea, an investment opportunity, or a cultural trend.
Next week, I will be speaking at a Hispanic Leadership Summit at the United Nations. I was asked to speak on the topic of Unity. The following is a preview of my speech.
Happy Thanksgiving! The blog will resume on December 8, 2024.