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You're just reiterating the premise that higher-paid CEOs are more talented. I'm saying I doubt that that's actually true. I think higher-paid CEOs bring some
by jordanpg 5y ago
You're just reiterating the premise that higher-paid CEOs are more talented.
I'm saying I doubt that that's actually true. I think higher-paid CEOs bring something to the table, but it isn't talent. It's something more connected to an entrenched, corrupt system that has--incredibly--achieved buy-in from global capital markets. I suspect it has more to do with access, background, friends, networks, gumption, dedication, and luck. But not talent.
My point is that anyone could have those things. To the extent there is a true supply and demand aspect to this, it is mostly just simple luck.
- koonsolo 5y agoI agree that they also need to bring those things to the table. But "talent" is a personal trait right, so I guess that includes dedication and gumption. Plus, being able to perform under high stress, being a great communicator, organiser, putting processes into place, dealing with all kinds of personalities, convincing customers, providing certainty in an uncertain environmemt to customers, employees and investors, etc. Your claim that anyone can do that is simply not true.