This is pretty ignorant actually. Companies pay millions to have CEOs that are invested in long term strategy. How you ask? With stock bonuses that will perform better if the company does well.
Many do, but many seem to not. I didn’t mean to generalize them all, but I see way too many decisions that boost the next quarters or few quarters at the expense of long term health, and these decisions get rewarded with stock price bumps. Then the decision makers eject when its time to pay the price.
I own or used to own some of these stocks, and it annoys me when they do. I want to hold these companies, not pump and dump them.
This is pretty ignorant actually. Companies pay millions to have CEOs that are invested in long term strategy. How you ask? With stock bonuses that will perform better if the company does well.
Many do, but many seem to not. I didn’t mean to generalize them all, but I see way too many decisions that boost the next quarters or few quarters at the expense of long term health, and these decisions get rewarded with stock price bumps. Then the decision makers eject when its time to pay the price.
I own or used to own some of these stocks, and it annoys me when they do. I want to hold these companies, not pump and dump them.
Bullshit. Listen in on an earnings call and hear them sweat and spin.