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How to Make $19.3 Mil. Per Year


grayhair

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You have to be capable of truly stunning level of obfuscation and bull sh*t, and able to keep it up for years while overseeing 20 consecutive quarters of declining revenue in the company you run.  Of course a sleepy board of directors is really helpful.  Consider this great double-speak.   "IBM is for is for someone who values high value as a company."  You gotta love it...

 Here from CNBC earlier today:

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IBM's stock took a major hit when billionaire investor Warren Buffett said he sold about a third of his IBM shares, but CEO Ginni Rometty seemed unfazed when asked about his move.

"We've traded publicly [for] 100 years out there," she told "Mad Money" host Jim Cramer on Tuesday. "And the trick to being a company in tech, which is a viciously competitive environment, that's absolutely right, is you've got to keep reinventing. And what IBM is for is for someone who values high value as a company."

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https://en.wikipedia.org/wiki/Ginni_Rometty

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Haha..... Buffet announced himself he sold the stock?! So all the "sheep" sell off too. He can watch the stock for a week and buy it back for 1/3 the price. 

But if you or I did that, we'd be up on charges for insider trading!

Sent from my XT1254 using Tapatalk

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