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Not exactly. Tim Cook is not paid by either the value of his work, or his scarcity. He is paid by the EXPECTATION of the value of his work… kind of like how sto
by Applejinx 5y ago
Not exactly. Tim Cook is not paid by either the value of his work, or his scarcity. He is paid by the EXPECTATION of the value of his work… kind of like how stock markets work.
His pay is an expression of the expectation of a lot of other people. His pay is opinion, not direct value. And you can't pick some random unproven person who may or may not perform as well, and say they are of equivalent OPINION. You could say there's a chance, even a good chance, that they're of equivalent value, but that's a gamble.
This is how weird pay disparities develop. It's not in any way that Tim Cook has personally done things worth that much, or that he's personally pressuring all those in charge of paying him to that extent.
Intentionally or not, the question Tim Cook presents to those with the power to keep or dismiss him is this: How much are you willing to bet that if you lose me, things break and everything sucks?
They are willing to bet $750 million.
That's what happened. How much would you be willing to bet? If it's far less, or if you want to kick Tim out anyway, how many are there of you? Are you heavily outnumbered or are you expressing a common opinion?
- dham 5y agoI suppose that's the plot to Trading Places.