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05-11-2024, 01:01 PM | #39 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,775
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I can tell you unequivocally they did in the 1950's/1960's as I saw the man running it in my grandfather, who rose to great heights. Absolute man of principle, hard working, love of knowledge, and beloved in his company.
These days they are paid 30 times more than then, and I dunno about the timeframe. If you look that a company that has got into trouble and a CEO appears to give it a makeover, they might be looking 2-4 years out for a turnaround (I would think Stellantis is in this basket - trouble is their turnaround is really heavy EV and it will take a profound shift in the way the current US market thinks to have synergy with it). Change now is accelerating, and so companies may find themselves on the wrong side of it (eg Gov mandates, or tech changing) really quickly? Today - maybe Warren Buffet at Berkshire, buying out of favour, unglamorous things that people need (like transport or toilet paper) at a low PE and then just owning it forever? For the US Mopar brands, I'd love to see a patriotic buyout, rebooting Chrysler with something affordable and no frills (what the Plymouth Valiant was) as Americans are low on coin, readjusting Jeep to it's market's buying power - and expanding the new Charger range, with ICE and affordability first and focus on quality and reliability in their cars. US is self sufficient in fuel as a background.
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