WEEKLY THOUGHTS

Here is something that caught our eye this week: Do You Even ESOP, Bro? What do Cod Vessels, John Rockefeller, and KKR have in common? In the past year, we have spent a lot of time studying various incentive systems.  At first, our focus was on management incentive programs — like how Berkshire Hathaway compensates its CEOs — but our reading has recently turned toward understanding more broad-based employee ownership plans, which has taken us down something of an American history rabbit hole. Our evening reading has been a bit of a throwback to our college days studying for enthralling courses