While there are no doubt some "weight for age" runners, far too many of them are BongBong picnic class performers.
The stock they hold is often free "performance" payola, on top of salary, or in lieu of payment (cause the co has run out of cash) for "professional" services rendered etc . . . . not bought with after tax $ as the punters have.
Just a final thought - If the general standard of public directors is so good, why is it that so many investors feel the opposite (bearing in mind that the market has been thru the largest boom period in modern history) ???
