|
Every CEO should know about Gerald Ratner.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
|
|
|
|
|
GuyThiebaut wrote: That which can be asserted without evidence, can be dismissed without evidence.
I'd like to see your evidence for this.
*hides*
Check out my IoT graphics library here:
https://honeythecodewitch.com/gfx
And my IoT UI/User Experience library here:
https://honeythecodewitch.com/uix
|
|
|
|
|
 He was the founder of an extremely successful jewellery chain, in the 1980s, which would sell cheap jewellery.
Pretty much every high street had a branch.
However, he made the mistake of saying twice, once in a conference and once on a BBC programme, that the jewellery was "total cr#p".
The share price tanked overnight and the Ratners stores had to close as the insulted customers stopped buying from them.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
modified 10-Oct-23 2:57am.
|
|
|
|
|
Yeah, I looked him up.
Say what you want about the man, he was refreshingly honest. 
Check out my IoT graphics library here:
https://honeythecodewitch.com/gfx
And my IoT UI/User Experience library here:
https://honeythecodewitch.com/uix
|
|
|
|
|
Dave Kreskowiak wrote: Now, remind me, who's the "f***ing idiot" again?
He may be a f***ing a**hole, but with a net worth of over $100 million he's certainly not a f***ing idiot.
Or at the very least, he's doing something right.
|
|
|
|
|
Sander Rossel wrote: he's doing something right.
For himself.
|
|
|
|
|
By the evidence, including his bank account, he's pretty f***ing good at presenting the MBA/CEO mentality to shareholders, that they love so f***ing much.
|
|
|
|
|
Marketing (lying convincingly) yourself as some CEO genius, when you're not, can easily bilk money out of shareholders. People fall for marketing tactics all the time if they don't know what to look for. The most shining current example of this is Trump. He's a complete fraud who got millions of people to vote for him and scam money out of people and companies who believed his bullshit. He pushed his lying-ass too far and now his entire house of cards is crashing down around him.
Given the "golden parachutes" executive level people get, it's a win-win for these people no matter how bad they are at their jobs. That bullshit needs to end.
CEOs like this guy eventually (hopefully) end up not being CEOs anymore because they leave a track record of corporate corpses and sketchy histories of blunders, like the Unity debacle, in their wake. Shareholders need to hold corporate boards more accountable for maintaining their "friends and family" networks, shuffling these bad apples around.
|
|
|
|
|
Less politically sensitive examples would be Elizabeth Anne Holmes and Sam Bankman-Fried
|
|
|
|
|
Dave Kreskowiak wrote: Yet another CEO treating customers like they're ATM machines.
It's only going to get worse. We're not done with this recession. Those in power already know. That's why the squeezing and nagging by companies are worse. Of course, the mind controlling media will flat-out lie to you about where we are headed, but their goal is keeping people ignorant and glued to the TV - not the truth.
Jeremy Falcon
|
|
|
|
|
I believe this is the very same genius who "invented" microtransactions while CEO of EA. Ill-educated over-ambitious low-integrity street-smart prick.
Advertise here – minimum three posts per day are guaranteed.
|
|
|
|
|
There was also the little bit about him selling more Unity shares than buying ... before the announcement; in fact, it was mostly, or all, selling.
"Before entering on an understanding, I have meditated for a long time, and have foreseen what might happen. It is not genius which reveals to me suddenly, secretly, what I have to say or to do in a circumstance unexpected by other people; it is reflection, it is meditation." - Napoleon I
|
|
|
|
|
Wordle 843 3/6
⬛⬛🟩🟨⬛
🟩⬛🟩🟩🟨
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 3/6
⬜🟨🟨🟨⬜
🟩⬜🟩🟩⬜
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 4/6
🟨⬜🟨⬜⬜
⬜🟨⬜🟩⬜
🟩⬜🟩🟩🟨
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 4/6
🟩🟨🟩⬜⬜
🟩⬜🟩🟨⬜
🟩⬜🟩⬜🟩
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 4/6
🟨⬜⬜🟩⬜
⬜🟨🟨🟩⬜
🟩⬜🟩🟩🟨
🟩🟩🟩🟩🟩
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
|
|
|
|
|
⬜⬜🟩🟨⬜
⬜🟨⬜⬜🟨
🟩⬜🟩🟩🟨
🟩🟩🟩🟩🟩
In a closed society where everybody's guilty, the only crime is getting caught. In a world of thieves, the only final sin is stupidity. - Hunter S Thompson - RIP
|
|
|
|
|
Wordle 843 3/6
⬜⬜🟨🟨🟨
🟩🟩🟨⬜⬜
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 3/6
🟨⬛⬛🟨⬛
⬛🟨🟩🟩🟨
🟩🟩🟩🟩🟩
|
|
|
|
|
Wordle 843 4/6*
🟨⬜⬜🟨⬜
🟩⬜🟩🟨⬜
🟩🟩🟩⬜⬜
🟩🟩🟩🟩🟩
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
AntiTwitter: @DalekDave is now a follower!
|
|
|
|
|
Wordle 843 2/6
🟨🟨⬛🟨⬛
🟩🟩🟩🟩🟩
This day is starting out very well!
Ok, I have had my coffee, so you can all come out now!
|
|
|
|
|
Wordle 843 4/6
⬛⬛🟩⬛⬛
🟩⬛🟩🟨⬛
🟩⬛🟩🟩🟨
🟩🟩🟩🟩🟩
Jeremy Falcon
|
|
|
|
|
Wordle 843 4/6
⬜⬜⬜🟨⬜
⬜🟨🟨⬜🟨
⬜🟨🟨🟨⬜
🟩🟩🟩🟩🟩
"A little time, a little trouble, your better day"
Badfinger
|
|
|
|
|
I have a 2TB SSD that was used to run Windows (on another machine), and Hyper-V...the machine it was hooked up to died months ago, but I did continue to use the SSD in an external USB dock to run the VMs.
I have no use for the Windows installation on the drive; I'm not booting from it. So I tried to get rid of everything but the VMs.
My god, is it ever an adventure to try to get rid of the existing Program Files, Program Files (x86), ProgramData and Windows folders - even though Windows is NOT running from that disk. Taking ownership of folders, making sure the new ACL applies to child items (files and folders), deleting what you can, repeating for whatever Explorer refused to delete the first time around, etc. At this stage, it would've been faster to move the 1.7+ TB worth of VMs on it to another drive, reformat it, and copy the files back.
If I was trying to delete folders owned by the OS that is currently running - obviously that's bound to fail. But the OS is on a data drive; it ought to be easy to take ownership of folders, and delete the whole thing. But nope.
I've also been tempted to convert from NTFS to FAT32 (that will get rid of all folder permissions), and then back...but that would probably be even slower than moving the data I care about, reformatting, and recopying the files...
Anyone's been down that road?
|
|
|
|
General 
News 
Suggestion 
Question 
Bug 
Answer 
Joke 
Praise 
Rant 
Admin 
Submit an article or tip
