idle and fond bondage

Bristow the big game hunter: The FT’s Lex does the mathematics

Right here. Three excerpts:

“The death (of Cecil the lion) fuelled hostility against wealthy people who hunt rare, charismatic animals. They include Mark Bristow, boss of big gold miner Barrick. MP Zac Goldsmith helped launch the Campaign to Ban Trophy Hunting in the UK this week.”

“Tourism groups and trophy hunters both claim to encourage conservation by giving animals a financial value. Which activity is worth most?”

“Discounted over a 12-year life, any lion would have a net present value of $179,000. That is still more than four times higher than the price for shooting a pride master.”

In other words, much like the people who wield the guns the whole “big game hunting revenue helps Africa” line is just one giant crock of shit. Mind you, having a giant crock of shit as a CEO is probably viewed as an advantage by most insto investors. TY reader L for the heads-up.

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