SI
SI
discoversearch

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.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (68013)9/22/1999 11:28:00 AM
From: Don Lloyd  Read Replies (2) of 132070
 
SB - (my issue is that ceo's are making massive compensation due to massive and reckless credit creation that their skill didn't impact at all. earnings grow 15% while stocks appreciate 50%. too much money is the root cause and these ceos don't print money... most of the time ;-) )

The CEOs don't print money, but the company and shareholder results are highly sensitive to the CEO. If you could do a controlled experiment, trying 10 different CEOs for a given company and looking at the results 10 years downstream, you would see that the range of results could easily be 100's of billions of dollars of market cap, and that no two would likely give results within a billion dollars of each other.

For the given company, it would be insane to try to economize on compensation if that produced any CEO except the one that projected out to be the one most suited to the given company.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext