4 ms·
So the moral of the story is, if you're in charge of a huge corporation make sure you give your lieutenants some leeway to practice their capital allocation ski
by sunstone 8y ago
So the moral of the story is, if you're in charge of a huge corporation make sure you give your lieutenants some leeway to practice their capital allocation skills before they're elevated to the top job so you can judge their skill. Kind of like how Warren Buffet is doing things these days at Berkshire.