Comment by solid_fuel
9 hours ago
> To be fair, Zitron's career is as a commentator. To some extent, I expect CEOs of companies to make ridiculous claims.
This is not a comment directly at you, because I understand where you're coming from, but I think this attitude shows how far leadership and our expectations of the professional class in America have deteriorated.
My expectations are inverse to yours. I don't care if a commentator makes a claim that's wrong, if they keep being wrong people will stop listening. (In theory. Jim Cramer still has a job so who knows, really.) I certainly don't expect a commentator to have accurate internal information about a company.
CEOs on the other hand should be expected to be honest and accurate in their claims. The information a CEO shares should be accurate so that investors can make informed decisions. Instead, we seem to accept CEOs who act as salesmen first and leaders last.
If a CEO claims a product will be out later this year, and the stock goes up, then they announce actually things are delayed, and the stock still goes up, what is actually being rewarded here?
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