inluminent

Excellent post here: No one asked me, but…

“I wonder how a CEO who just sold a couple of million dollars worth of his or her company’s stock can look at a potential customer with a straight face and say “do business with us.” How can you ask for confidence in your organization when you’ve just demonstrated a significant lack of it? After all, “diversification” is simply a polite way to say that your money is at less risk — or can grow faster — somewhere else. When you’ve bailed out why should someone bail in?”

Makes me feel better that some of my executive officers are actually buying more stock in my company as the stock price goes up than selling it…