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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Bruce Brown who wrote (38076)	1/17/2001 11:03:26 AM
From: Judith Williams	Read Replies (1) of 54805

It's no surprse that most of these top tier companies--be they mature, middle age or young--do have top management teams. Carl Kaysen, when he was director of the Institute of Advanced Study, used to have a rule of thumb: Top-notch people appoint top-notch people; second-rate people appoint fourth-rate people. This "back of the envelope" rule, imo, applies doubly to companies and often marks the difference between an almost and WOW. --Judith

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