首席执行官抑或是首席投资官
2013-03-20
最重要的思想在前言部份:
• Capital allocation is a CEO’s most important job.
• What counts in the long run is the increase in per share value,not overall growth or size.
• Cash flow, not reported earnings, is what determines long term value.
• Decentralized organizations release entrepreneurial energy and keep both costs and “rancor” down.
• Independent thinking is essential to long-term success, and interactions with outside advisers (Wall Street, the press, etc.) can be distracting and time-consuming.
• Sometimes the best investment opportunity is your own stock
最后作者还想做点努力,来点实际的,于是拟了一个有10点的检查清单,不过索然无味,基本上是企业金融的基本知识。不贴出来也罢。