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TMT#10 | Firing 12 Floors of People???
Manage episode 330626326 series 3348058
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In this video, I reflect on Carl Ichan's decision on firing 12 floors of people. The moral of the story: If it's too complicated, fire them.
Building from my own experience in teaching and investing, I find that approaching the perspective of keeping things simple will help CEOs communicate better with the average investors. I value this very heavily before deciding whether or not I should invest time into researching the company even more. This is Charlie Munger's approach to Occam's Razor philosophy.
Disclaimer: This content is for entertainment and educational purposes only. These are strictly our opinion and do not reflect how the companies are run or managed. Please do your own research before investing.
Podcast: https://tsgpodcast2022.podbean.com/
Carl Ichan Clip: https://www.youtube.com/watch?v=WSatPoD2W-o
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