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>> What does Greatest CEO even mean? Great for who? The shareholders? The employees? The customers? The world? Maybe we shouldn't be looking for "greatness" fro
by TuringNYC 4y ago
>> What does Greatest CEO even mean? Great for who? The shareholders? The employees? The customers? The world? Maybe we shouldn't be looking for "greatness" from a CEO.
Great question. Since the CEO works for the board, which works for the shareholders, I assumed "great for shareholders" -- however, I was asking myself a different question -- "great on what timeline". It is easy for CEOs to borrow from the future, have great earnings, improve stock prices...only to let the company fail in the long term.
- WeylandYutani 4y agoTimeline means "buy low sell high" for investors. Who cares if the whole thing collapses after your exit?
- TuringNYC 4y ago>> Timeline means "buy low sell high" for investors. Who cares if the whole thing collapses after your exit? Some investors care. "Buy low sell high" might be good for low and medium latency traders, corporate raiders, and the like. Long-term investors (mutual funds, etfs, index funds, pensions, endowments) care very much. Many expect to hold for a decade or longer.