I’m pretty sure you can trace the management downturn of American companies back to a change in MBA curriculum.
You can see when they started getting hired after the shift. Where they were taught that as long as your department is doing well and has positive numbers, LITERALLY nothing else matters. The company could be crashing and burning around you, you might even be causing it, but as long as those numbers are going up, you’ll quickly get hired at another company. Because every single iota of their education is about pleasing investors who only care about money now, and not potential money in a few years.
They go on about long-term investment and then you find out that what they’re actually talking about is things that will start returning a profit in 6 months. Half a year is long-term to them.
If you have a long-term view and want to make quite a lot of money you probably couldn’t do better than shorting Apple stock. They never innovate anymore (every iPhone is literally the same as the previous years), and they spend huge amounts of money on failed projects (Vision Pro), meanwhile they continue not to fix ongoing serious issues (Safari).
I’m pretty sure you can trace the management downturn of American companies back to a change in MBA curriculum.
You can see when they started getting hired after the shift. Where they were taught that as long as your department is doing well and has positive numbers, LITERALLY nothing else matters. The company could be crashing and burning around you, you might even be causing it, but as long as those numbers are going up, you’ll quickly get hired at another company. Because every single iota of their education is about pleasing investors who only care about money now, and not potential money in a few years.
They go on about long-term investment and then you find out that what they’re actually talking about is things that will start returning a profit in 6 months. Half a year is long-term to them.
If you have a long-term view and want to make quite a lot of money you probably couldn’t do better than shorting Apple stock. They never innovate anymore (every iPhone is literally the same as the previous years), and they spend huge amounts of money on failed projects (Vision Pro), meanwhile they continue not to fix ongoing serious issues (Safari).