Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management - no matter how good the surface signs may have been as indicated by the most recent earnings statement.


Conservative investors sleep well (ed. HarperCollins Publishers, 1975)


Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something...

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something...

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something...

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something...