Not necessarily, he got quite lucky with the macro context. The roaring 1990s stock market temporarily helped to camouflage a lot of disasters, such as Worldco

Not necessarily, he got quite lucky with the macro context. The roaring 1990s stock market temporarily helped to camouflage a lot of disasters, such as Worldcom, Enron, Adelphia, and the disease spreading inside of GE. When times are that good, big shareholders ask a lot fewer questions generally.