2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 409.23

-1.0%

Jan 7 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snowshoe who wrote (73482)	4/23/2011 3:09:26 PM
From: elmatador	of 219096

Here you have 2 things that happens when the people are going down. They hang on to their beliefs that what they have is of value. They think those values are absolute and eventually the ship will right again, they will be proved right, failing to accept their fate. Second, they wait for a change in the situation itself to rescue them. I call this the Sven-Christer Nilsson syndrome. Sven-Christer Nilsson was an Ericsson CEO 1998-1999, who took charge after the Asian Meltdown. Ericsson had most of its business in Asia and the fall of Asia took a heavy toll on Ericsson. LATAM crisis followed and Ericsson’s business dried up. Sven-Christer Nilsson did not know what to do. Of maybe knew but was not able to execute the changes. He pretty much sat and waited for Asian crisis to resolve, market pick up again and save him. He would wrap himself into the Asian market reversal and would come out as a BusinessWeek cover as a turnaround man. It did not happen that way and he left in shame as an ineffective CEO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next