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Why's it so hard to believe that a worse CEO for one year would result in a 0.01% lower market cap? Given that framing, 200m is a very drastic under estimation
by mkarrmann 3y ago
Why's it so hard to believe that a worse CEO for one year would result in a 0.01% lower market cap? Given that framing, 200m is a very drastic under estimation.
- empyrrhicist 3y agoIt's not hard to believe. What's hard to believe is that you couldn't possibly find a better CEO for a much more modest compensation package.
- mkarrmann 3y agoI share that intuition, although I don't see any reason to trust the intuition of an outside (either myself or presumably yourself) making 2 second back-of-envelope calculations of that of the Alphabet board.
- empyrrhicist 3y agoOutrageous claims require commensurate evidence. Human factors easily explain why these hierarchical social structures produce wealth concentration.
- mkarrmann 3y agoThat's a good point.