CEO of a company I will keep nameless was constantly raising capital from the market and paying himself $500-800,000 annually. He invested $40-50,000 a year in the company. The company over a period of five years achieved nothing and is now in liquidation. All shareholders lost everything. Overall he made $450-750,000 annually for achieving nothing. He is now a director on a new mining company. Is he the stupidest man in the world?
Your thoughts CDU, page-70
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