An article by Nassim Taleb and Mark Spitznagel on the current state of banking and the issue of managment compensation: "Of course, before being bailed out by governments, banks had never made any return in their history, assuming that their assets are properly marked to market. Nor should they produce any return in the long … Continue reading Nugget: Taleb on Banking
Prem Watsa is one of those who has praised the quality of Roberto C. Goizueta´s article of the importance of shareholder value creation as a central mission for corporations. "We have one job: to generate a fair return for our owners, who have entrusted their assets to us. Without focusing on that job, we fail. … Continue reading Nugget: Why Shareowner Value?
From the Economist: Barça’s management style chimes in with the thinking of two admired heorists. Boris Groysberg, of Harvard Business School, has warned that companies are too obsessed with hiring stars rather than developing teams. He conducted a fascinating study of successful Wall Street analysts who moved from one firm to another. He discovered that … Continue reading Schumpeter on Barca