Category Archives: Politics and Business
The reluctant rubber stamp
“Dear Stan, I’m Chairman of the Board of a large private company. I was recruited for the specific purpose of ensuring that proper governance was applied to the decisions regarding the strategic future of the organization. There are strong-willed shareholders … Continue reading
The one inch theory
“It’s a combination of greed and ignorance of history”, he said, munching his flank steak salad, gazing out at the sparkling San Diego bay. “There’s no other explanation that works.” He had been discussing the destruction of investor value represented … Continue reading
“But someday, I’d really like to direct….”
“Dear Stan, I am a senior professional, having served as an officer of various companies. I’ve never been a CEO, but would like that opportunity. I’m interested in serving as a director on other companies’ boards, in order to expand … Continue reading
Blowing bubbles, throughout history
We’ve all heard the term “bubble” in reference to an investing fever fueled by speculation in what participants erroneously perceive to be an infinitely rising curve of valuation. The dot-com “bubble” and the recent real estate “bubble” being modern examples … Continue reading