this post was submitted on 22 Aug 2024
1009 points (99.0% liked)

Facepalm

371 readers
1 users here now

Anything that makes you apply your hand to your face.

founded 4 months ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Knock_Knock_Lemmy_In@lemmy.world 4 points 3 months ago (1 children)

No other person has the chipotle experience he has.

Chipotle is up 135.78% above the s&p 500 over past 5 years.

All of that growth is directly attributable to the CEO (/s)

[–] zeekaran@sopuli.xyz 5 points 3 months ago (1 children)

That growth is also directly attributable to short term gains that will ruin the future of the company.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 3 months ago

The price of a share is supposed to reflect the expected discounted value of all future dividends.

As long as the shareholders can sell at a higher price, they don't care about short vs long term.