Media Updates, page-1820

Not quite sure my post on psychopathic tendencies of CEOs was removed as unsubstantiated.

Here is evidence that this is a very common trait in CEOs:
https://www.cnbc.com/amp/2017/03/21/apparently-psychopaths-make-good-ceos.html

https://amp.uk.*.com/ceos-often-have-psychopathic-traits-2017-7

https://www.telegraph.co.uk/news/2016/09/13/1-in-5-ceos-are-psychopaths-australian-study-finds/amp/

If you sell all your shares in a company that you have just become CEO of because your personal financial situation is more important than the thousands of shareholders you represent, then that can be considered a psychopathic act.

I was trying to point out that may also be a good trait if the CEO is incentivised to grow EPS as their primary target as they will have no trouble making unpopular decisions to meet those objectives. A good thing for long term shareholders.

I think the big funds understand (or at least accept this). Retail holders sitting on 10% losses from a week ago may not have the same insight or are letting their emotions bias their decision making.