“Final example: the guy who proposed that I buy into a company that was very expensive and active mainly in textiles, while I’m a watchmaker. “That doesn’t matter,” he told me, “we’ll start some rumours in the market that will make the share value fall, and as for the textiles, we’ll look after that part.” All this illustrates the really deplorable mindset of some market professionals. And the worst thing is, thinking that a publically-traded company should be managed with this mindset”. - Nicolas G. Hayek.
Blog > Economy > Nicolas G. Hayek, founder of Swatch, condemns the dominance of the “acrobats and jugglers in the financial circus”.
Jul 15
Nicolas G. Hayek, founder of Swatch, condemns the dominance of the “acrobats and jugglers in the financial circus”.
- Partagez
- Vote
I love it!