3 ms·

Bureaucracy goes out the window when you have an activist investor asking you why you're ignoring clear market trends.

• mikeash 10y ago
  By the time the trends become that clear, you're often years behind.
  • John23832 10y ago
    We are behind, but a competent investor isn't.
    • mikeash 10y ago
      Then how did all these companies end up in this position in the past?