Sep 15, 2023
10:42:49am
10:42:49am
CEOs get paid $$$ because they make the tough decisions that have huge impact. A person with even a slightly higher
probability of making a good decision that will swing huge amounts of money one direction or the other are exceptionally valuable.
For instance, assume a large company must make one big strategic decision per year that will increase or decrease profits by $1 B (a very reasonable scenario for a big public company). If CEO A has a 1% better probability of making the 'right' call, it is worth $20 mm per year for the company.
They don't get paid too much.
For instance, assume a large company must make one big strategic decision per year that will increase or decrease profits by $1 B (a very reasonable scenario for a big public company). If CEO A has a 1% better probability of making the 'right' call, it is worth $20 mm per year for the company.
They don't get paid too much.
- Bio page
- RobertCohn
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- Sep 12, 2023
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- Feb 6, 2024
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9/15/23 7:48am
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CEOs get paid $$$ because they make the tough decisions that have huge impact. A person with even a slightly higher
9/15/23 10:42am
9/15/23 10:45am
9/15/23 11:39am
9/15/23 7:59am
9/15/23 7:54am
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9/15/23 9:11am
This will spur on the advancement of even more manufacturing automation. Why spend $40 billion on employee wages and
9/15/23 9:14am
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9/15/23 9:32am