Eisboch wrote:
... I
realized after a while, however, that the senior management and board of
directors were under immense pressure by outside analysts and investment
managers of 401k and other investment plans to meet the quarterly numbers.
These people in turn are under pressure by the individual investor to manage
their portfolios for max returns. Collectively, all the "small" investors
(via 401k and other retirement accounts) who probably have no idea where
their money is invested, or what product the company makes, have only one
interest - how much money are they making.
Well said.
So, it's a vicious circle.
Yep. Unfortunate. And a vicious circle that we should all take an
interest in getting out of.
Fortunately for me, I was able to exit stage left, as it became more and
more frustrating to convert a labor of love into the big company "corporate"
style.
I'm in somewhat the same boat, except that I am not out of it yet and
may never be. We have managed to form an enclave of sanity within the
larger corporate structure, and at times it's better than before since
we don't have any financial cliff-hangers any more. OTOH I am getting
tired of fighting off greedy corporate hands plucking at our inventory,
our MSAs, and our annual profit sharing.
Regards
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