Letter # 85 | 3 May 2022 |
Today, we discuss two approaches to “work culture”. One is based on Netflix’s CEO Hastings’ book; a presentation that was downloaded 21 million times, given by the CEO of a company whose peak market-cap crossed USD300 billion last year. The second is based on a CEO who sold his company to a competitor for just USD50 million.
Which set of rules do you think works better? The answer might surprise you. And that offers some basis on how we should evaluate ourselves as investors, as well as our portfolio managers. Read here: https://tinyurl.com/5ec4xtfh
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