06-13-2014, 02:10 AM
I'm long and I don't disagree with you. I use the same analogy with pharma companies, I don't like it when the CEO is a Dr, they typically aren't as market savy in dealing with investors.
Have to disagree here. While at the present juncture, it does seem like we're in need of 'savy' management able to deal with investors, I still prefer to have a management that runs a business first and foremost. I have to further caveats to make:
- Market 'savy' people can be hired in addition
- I'm not at all sure any company, no matter how market 'savy,' would have been able to withstand this kind of onslaught...