No. of Recommendations: 4
Thanks to you too Labadal, I just watched the VALUExBRK link. Thanks so much for that. I actually like Steven Myhill-Jones' quote: "I'm and entrepreneur, not an executive for hire". I also appreciated that one of his reservations about taking on the role was not wanting to run a public company because of the focus on short-term quarterly or yearly performance. He told Munger he didn't like the idea of a fiduciary responsibility to maximize profit quarterly, because he has a 5 year time horizon. Munger replied "well, you don't have a fiduciary responsibility to be a total shit as you go through life."
