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A Quote by Nassim Nicholas Taleb on ceo, incentives, and value

A C.E.O.'s incentive is not to learn, because he's not paid on real value. He's paid on cosmetic value. So he's paid to be nice to the Merrill Lynch analysts or the Wall Street analysts. So this is where the problem starts.

Nassim Nicholas Taleb : Gaia Explorer
Nassim Nicholas Taleb
Source: World According to ... Nassim Nicholas Taleb - http://www.portfolio.com/views/columns/the-world-according-to/2008/08/14/Interview-With-Nassim-Nicholas-Taleb
Contributed by: ~C4Chaos. More quotes added by ~C4Chaos from all sources
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