Source: Dilbert
Corporate Guidance
August 31, 2015 6:30am by Barry Ritholtz
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/
What's been said:
Discussions found on the web:Posted Under
Previous Post
China 2015 = U.S. 2008Next Post
10 Monday AM Reads
hm. does it sound like executive pay?
they do take large risks . and the shareholders arent always aware that they did. till the company is in bankruptcy. but then executives still win. odd how that works out huh?
they are the bosses. so they dont have any. so no chaos from that any way. but pay caps dont apply to them (and they pick the performance goals through their ‘selected’ pay consultants. same group also selects the pay method. course one of their goals is the stock price. and their pay? is in stock. and they can even get the company to goose it by having it by back stock. almost a no loose situation except for those large risks they take to help goose the stock price)
Gross up those executive pay packages. That is why the economy grew at 3.7% last quarter.
Ignore Trump’s message to raise taxes on the wealthy and especially the cowboy corporate CEO’ Galtian heroes who will quite and move to China and take all the jobs with them.
http://www.nytimes.com/2015/09/01/us/politics/republicans-wary-of-donald-trumps-populist-tone-on-taxes.html
Pretty much every company I have ever worked for has used the “entrepreneur” fad-babble at some point and then immediately hammers it back down into the ground with exactly the points brought out in this cartoon.
My basic test of corporate memos are whether or not the jargon used in them has showed up frequently in the past 24 months in Fortune magazine etc. If so, then it is just another fad that will blow over before people have even read the memo. If not, then it potentially has staying power as it indicates that somebody in management thought about it longer than 30 minutes.