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I agree with the perception, but I don't think that's the reality at all. In general I think they simply are not thinking about much of anything except how to i
by somenameforme 3y ago
I agree with the perception, but I don't think that's the reality at all. In general I think they simply are not thinking about much of anything except how to increase next quarter's margins or hit their contractual benchmarks to unlock their options. They have no big picture thinking, whatsoever. It's all just 'make number go up' mentality.
You can also see this in their personal behavior. Those at the top of the top have enough money to do anything. And what they end up doing tends to be work until they drop dead, in some cases literally - with 93 year old Buffet being the poster boy there, engage in mundane hobbies and activities - same as anybody else, and then start directing lots of money towards philanthropy. But the myopia tends to again strike there often making the philanthropy awkward and largely ineffective in effecting any sort of meaningful and lasting change -- unforeseen and unintended consequences, alongside a simple mixture of inability, abounds. The philanthropy ran exactly as they ran their businesses.