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Then take the ten year yield, not the short term 5 months yield, you are comparing with the benefit of hindsight which is not viable for any financial analysis.
by KRAKRISMOTT 3y ago
Then take the ten year yield, not the short term 5 months yield, you are comparing with the benefit of hindsight which is not viable for any financial analysis.
- JumpCrisscross 3y ago> take the ten year yield, not the short term 5 months yield The ten-year yield was closer to 6% when Barra took the helm. That's much worse! The point of the comparison is that the return she delivered over her ten-year term was analogous to that which an investor demanded to lend to the U.S. government for a grand total of five months. It's driving home the terribleness of the return within the context of her hiring: she has failed to return anything close to GM's cost of capital. > you are comparing with the benefit of hindsight which is not viable for any financial analysis It's totally valid for evaluating a manager!