I’m a big proponent of this argument and often repeat it myself. However, it is worth considering that it only applies to founder level executives who were ther

I’m a big proponent of this argument and often repeat it myself. However, it is worth considering that it only applies to founder level executives who were there at the beginning. For a 100+ year old company like GE, the argument falls apart as the original founders are not around anymore and most employees have taken the same amount of risk (or lack thereof).