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re: Funny how the socialists devalue a CEO
Posted on 12/30/23 at 11:20 am to BatonProv
Posted on 12/30/23 at 11:20 am to BatonProv
quote:
The Warner Bros. discovery CEO makes about $100 million a year and is always one of the highest paid CEOs yet the value of the stock(s) are down by 50% over 5 years. These people are not mythical beings with special vision into the future they are largely self promoters
Yeah, if you look at the past positions of those in the CEO circuit you can see that once they're in the club, it doesn't really matter what they're heading up. You can't tell me that some guy who was the CEO of an industrial company now has some magical insight into the food industry.
1
Posted on 12/30/23 at 11:24 am to upgrayedd
The board of directors get a nice little salary and lifestyle to show up at meetings at fancy resorts and they just rubberstamp the CEO salary. It's not a good system for the investor
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