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Old 01-02-2010, 01:41 PM   #8
dar512
dar512 is now Pete Zicato
 
Join Date: May 2003
Location: Chicago suburb
Posts: 4,968
Quote:
Originally Posted by tw View Post
If it was so obvious, then why did so many Cellar dwellers buy General Motors cars (Chevys, Oldsmobiles, Pontiacs, Saturns, etc) even 30 years ago?
I don't speak for the rest of the dwellars, but Mrs. dar and I bought a brand new Honda Accord in 1987. We donated it in January 2009; 22 yrs with the same car. It just refused to die.

I dunno. Maybe it was more obvious in the software industry than elsewhere, but every major decision made at public companies I have worked has been made with an eye toward the quarterly report. It often makes for some fairly stupid short-sighted decisions.

And I still maintain that the proliferation of MBAs is just the symptom. The illness is the way the current stock market works.
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