Confidentiality at work ..

[phoenixdesi]

Re: Confidentiality at work ..

@Southie

Thanks PD.

Just one point where I am still befuddled - why should CEOs let wall street pressure them. Wall Street wanting top line and bottom line growth for example. Why do ceos pander to wall street. Buffett wouldn’t do that, would he?

If the acquisition or divestment makes sense for the company, I get that. But it seems like wall street is getting too much respect?

oh yes Buffet would do that!

uncle jee, we always like to blame the wall street but the fact of the matter is we the shareholders in those public companies are equally responsible…i mean when i buy siemens shares, what do i want? i only want one thing, siemens share price to double in no time. right? and if siemens CEO is not transforming the portfolio enough and siemens top line and bottom line are not improving, I will start selling its shares and its share price will start tanking…and if it continues to happen siemens CEO will lose its job!

yes it is a simplistic explanation of a very complicated financial system but at end of the day, it is very true…why do we always ignore our greed the shareholders greed?

and now we have activist investors all over the place…who will come and buy 10% of shares, become one of the biggest shareholder oevrnightr and then push CEOs to implement their agenda…dont get wrong..they do add some value as well but do you see my point?