funny thing, but I'm starting to get fed up with Warren Buffett, I wonder if this is a widespread pov for tech people (not the CEOs, the workers). Buffett casts his opinion around on these corporate governance issues while offering up examples such as Coke, a company that personifies the stagnant growth we had in the US prior to tech waking up the economy. Coke hasn't generated any sort of significant job growth since what, maybe 40 years ago?
I know he is trying to do the right thing, but if he wants to chime in, then at least take on the tough issues. Coke's solution to options valuations only worked because Coke is such a staid, no growth company. I'd like to see Buffett take on an options expensing methodology for Siebel, as if he were the CEO there in the 90s. Siebel created an entire software genre, created thousands of jobs and a ton of new wealth, and made US companies overall more competitive (personally I don't know how salesforces, deals and opportunities were managed prior to CRM software which Siebel pioneered). Siebel is a tough nut to crack lets see Buffett come up with a solution, which actually accounts for the wealth created there. |
