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Pretty silly metric to judge ceo on. Also in last 5y their stock is only up ~100% which is not that great compared to competition

paxys 4y ago
That is literally the top metric CEOs are judged on. And Google has outperformed S&P 500 (aka the competition) by ~300% in his tenure.
- dilyevsky 4y ago
  > That is literally the top metric CEOs are judged on Says you. On his watch they completely squandered their ai lead (despite rebranding as AI company or whatever), didn’t gain much share in the cloud and, botched gaming and messaging, am I missing something? Oh right, also continued to burn user trust and alienating employees it seems Look at apple and microsoft for comparison, not rando s&p companies.
- jart 4y ago
  Google could have conquered the whole world. But instead they settled for growing 14% each year since 2015 while the average enterprise charnel house grew 9%. Worst part is they had to decimate their workers and burn most of their social capital just to get that. Meanwhile their core product search has become a legacy technology used by people who haven't heard of OpenAI, a company that's capitalizing on Google's inventions and discoveries which it didn't have the cojones to productionize itself.
- prepend 4y ago
  No, that’s not correct. He’s slightly ahead of nasdaq during his tenure [0] [0] https://www.barchart.com/stocks/quotes/NDAQ/interactive-chart https://www.barchart.com/stocks/quotes/NDAQ/interactive-char...
  - govg 4y ago
    Did you mean to link to some index? You linked to the stock of Nasdaq the stock exchange. I'm not sure what the point of comparing the stock price of a stock exchange with Google is, why not Tesla or Walmart or GE?
    - prepend 4y ago
      I meant to link to the comparison of nasdaq vs goog. But the link didn’t come across with the way I cut and pasted. An error on my part. If you click compare and put in goog, you’ll see two price lines. The point of this comparison is that any random stock on nasdaq is likely to follow the index. So good managers should be able to outperform an index of similar stocks. So, I as an investor am interested in companies that outperform their peers. I think it would be better to compare goog to a better, more tech index but I don’t know one. But this link answers “is google better to invest in than a random Nasdaq stock?” And infers that the stock performance is influenced by the CEO. So evaluating Goog’s CEO based on stock price seems to show that he didn’t do that well.
      - hnfong 4y ago
        FWIW, GP was saying you linked to the stock price of Nasdaq Inc, the company (yes, Nasdaq is a company that hosts a stock exchange!), instead of the Nasdaq Index, which is what this thread was discussing.
deleted 4y ago
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paxys 4y ago

That is literally the top metric CEOs are judged on. And Google has outperformed S&P 500 (aka the competition) by ~300% in his tenure.

dilyevsky 4y ago
> That is literally the top metric CEOs are judged on Says you. On his watch they completely squandered their ai lead (despite rebranding as AI company or whatever), didn’t gain much share in the cloud and, botched gaming and messaging, am I missing something? Oh right, also continued to burn user trust and alienating employees it seems Look at apple and microsoft for comparison, not rando s&p companies.
jart 4y ago
Google could have conquered the whole world. But instead they settled for growing 14% each year since 2015 while the average enterprise charnel house grew 9%. Worst part is they had to decimate their workers and burn most of their social capital just to get that. Meanwhile their core product search has become a legacy technology used by people who haven't heard of OpenAI, a company that's capitalizing on Google's inventions and discoveries which it didn't have the cojones to productionize itself.
prepend 4y ago
No, that’s not correct. He’s slightly ahead of nasdaq during his tenure [0] [0] https://www.barchart.com/stocks/quotes/NDAQ/interactive-chart https://www.barchart.com/stocks/quotes/NDAQ/interactive-char...
- govg 4y ago
  Did you mean to link to some index? You linked to the stock of Nasdaq the stock exchange. I'm not sure what the point of comparing the stock price of a stock exchange with Google is, why not Tesla or Walmart or GE?
  - prepend 4y ago
    I meant to link to the comparison of nasdaq vs goog. But the link didn’t come across with the way I cut and pasted. An error on my part. If you click compare and put in goog, you’ll see two price lines. The point of this comparison is that any random stock on nasdaq is likely to follow the index. So good managers should be able to outperform an index of similar stocks. So, I as an investor am interested in companies that outperform their peers. I think it would be better to compare goog to a better, more tech index but I don’t know one. But this link answers “is google better to invest in than a random Nasdaq stock?” And infers that the stock performance is influenced by the CEO. So evaluating Goog’s CEO based on stock price seems to show that he didn’t do that well.
    - hnfong 4y ago
      FWIW, GP was saying you linked to the stock price of Nasdaq Inc, the company (yes, Nasdaq is a company that hosts a stock exchange!), instead of the Nasdaq Index, which is what this thread was discussing.

deleted 4y ago

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