Nathan Worden's avatar
$333.9m follower assets
When assessing management teams…
Trust needs to be:
77%Earned before it’s given
22%Given until it is broken
18 VotesPoll ended on: 6/5/2022
Conor Mac's avatar
ThomasFJE's avatar
Earned! Bad management even makes the cheapest value stock very expensive for investors…
voted for given until its broken only cause if you go for an outside hire for a mgr position or apply to one, you start with zero credibility inside that company and would need to be trusted.
James Andrews's avatar
In business 'earned', in my line of work 'given'.
Conor Mac's avatar
@retire4life god distinction
Reasonable Yield's avatar
In the public markets, you give management some trust, based on your assessment of them, but not all of it. The rest comes with time, and has to be earned.