“Why do people feel pressure to have an answer for every question?” Even when they don’t know Jack, they make it up on the fly. Ten years ago our training courses included a short video clip of college students at some of the more prestigious universities speaking at length with great confidence about a subject…
Author: Dwayne Nesmith
Berkshire Hathaway’s Shareholders Letter
Berkshire Hathaway’s Shareholder Letter is a must read and this one is no exception. Continuing last year’s scolding of the sub-prime mortgage banking industr, my favorite lines included these: John Stumpf, CEO of Wells Fargo, aptly dissected the recent behavior of many lenders: “It is interesting that the industry has invented few ways to lose…
Is Founder Control in Public Companies a Good Thing?
Another high profile company going public has decided to maintain control while selling a majority of the economic stakes in the company to the public. This time it is Al Gore as a founder of Current Media. I certainly agree, the company’s shareholders have a right to decide the control structure they want to…