- Earnings haven’t grown in the last 10 years. What is corporate management doing?
- A temporarily higher stock price isn’t good for the majority of investors, especially those investing for the long term and retirement.
- Buybacks are idiotic, management pays $ 3million for a home they can build for $1 million.
- There is only one company that does smart buybacks.
There’s a huge problem affecting corporate America that nobody is seeing because most people think in positives and negatives, and can’t think on an relative scale. What do I mean by this? Well, when shareholders judge management, they look at whether the bottom line is positive and in line with what the competition is doing. Nobody is assessing whether it could have been much better.
We expect only the best from our favorite athletes and we hope our children develop to their full potential but when it comes to corporate management, we remain mostly silent and accept whatever they throw at us. More →