which makes sense in a portfolio, but a company only has one CEO in their basket. But I suppose if CEO elections represent stock holders with many companies, then perhaps it may still be optimized like a portfolio with multiple CEOs.
which makes sense in a portfolio, but a company only has one CEO in their basket. But I suppose if CEO elections represent stock holders with many companies, then perhaps it may still be optimized like a portfolio with multiple CEOs.
Correct.
The effect is more mild, not necessarily because the profile is different but because public companies don’t usually have 100x upside.
Only one at a time, but a CEO is still chasing that monumental success that their reputation can ride on later.