An independent consulting firm hired when Fred took over SGP in 2003 found that SGP was dead last among Big Pharma according to proprietary metrics of employee communication and morale. Now SGP ranks near the top of the industry.
Which came first: the improved financial performance, or the improved internal metrics? Fred says the latter.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”