corporate board

“And so that is where the problem is, that there is, is mathematically impossible to optimize for both a high discount rate, shorter term investor, and a lower discount rate, longer term investor.”

“I've done a number of take privates over the years, and actually one of the hardest ways to do it is when you have an unsophisticated board, because they really just don't know what they need to be worried about, which I think can just cause them to need to mo…”

“Anybody who is going to be in front of me as a board member is qualified. I don't need them to necessarily relate to me how they built a team or generated returns. The fact that they're there tells me that they've done that. What I'm interested in is how do th…”

“Too often, when people are in leadership roles, there's a risk that they lead with their opinion. Oh, I think we should do the deal. Now, does anybody else have any comment? Those are the places where companies end up with problems. Groupthink, the lead direct…”