Re: Apple, Jobs, and the irony of it

["Paul Grammens" <grammens@svn.net>]

"Exegete" <millers@noneofyourbusiness.com> wrote in message
3F4388B1.5090101@noneofyourbusiness.com">news:3F4388B1.5090101@noneofyourbusiness.com...
>
>
> Paul Grammens wrote:

> >
> > It isn't "his company" any more and hasn't been for a long time. It
> > literally belongs to the shareholders.  They're getting a very poor
value
> > for their CEO dollar, where Bershire Hathaway shareholders are getting
an
> > excellent value for their CEO dollar.  That's the whole point of the
> > article.
>
> IF they agreed with you, they could vote him, and the board, out of
office.
>
> Or, they could sell their stock. But then that means that others would
> think that, at a certain price, the stock is worth it, and Jobs is worth
it.
>

Compare the performance of Apple stock to Berkshire Hathaway stock. That's
what's happening.

> The problem is, as you've complained many times, you aren't making
> enough to make a living, and he's making tons of money.
>

How would you know how much money I'm making?  True, I got layed off from my
high tech job in March ( I actually volunteered to be among those layed off.
I had other things I could be doing.), but I make a lot more money from my
investments than I did from that job.   Which is why I'm interested in
avoiding investing in companies like Apple that have irrational
"compensation" packages for their CEO's.

Nor do I envy Jobs in the slightest.   I'm quite happy with my life. I
learned long ago that the best things in life (like a happy marriage) are
free, and the next best things (like Apple II's found at thrift shops) don't
cost much.

YOU seem to be the one obsessed with money.

That article was about comparing CEO pay to results. Jobs was compared with
OTHER CEO's, you dolt.  He was judged the most overpaid COMPARED WITH HIS
PEERS, based on pay vs results.


> You are complaining because you don't think that's fair.
>
> But what you are really saying is: you wish that you were valuable
> enough that someone would pay you that much money.
>

Nothing of the sort.   You're a nut case.

-Paul