The really annoying thing about the “brainless market oriented CEO” type, is that they’re often right about the market part and make lots of money…by destroying their product. Then off to the next shiny piggy bank to break open.
The average share is held for about 6 months. The investor nolonger care about the long term future of the companies they invest in. If they don’t see immediate returns from the CEO they vote them out.
The really annoying thing about the “brainless market oriented CEO” type, is that they’re often right about the market part and make lots of money…by destroying their product. Then off to the next shiny piggy bank to break open.
The average share is held for about 6 months. The investor nolonger care about the long term future of the companies they invest in. If they don’t see immediate returns from the CEO they vote them out.