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Monday, December 07, 2020 3:00:23 PM
This relates to the admonition that Elite needs to “do better" which is non-specific
confirm a business and its management are "doing better."
The results argue that Elite is “doing better"
So, in sum, the continued refrain that investors should expect Elite to “do better” is unsupported by a firm definition of what “do better” actually means.
Frankly, the trite refrain that Elite needs to “do better” is rather like a fan in the stands lamenting his team is “winning ugly.”
Wow, an entire post themed on the quote "do better." But who exactly is being quoted? "Do better" certainly does not appear anywhere in the linked post. I like to say, "It is time to expect better from Elite management," which happens to be very true. Each and every time I say it, I have just described an example of the exact kind of behavior for which we should expect better. None of my discussions of ethical behavioral involve any mathematical formulas, which seems to present an unexpected challenge. Nonetheless, the context should be clear.
Here is where I "do better" at quoting what I said:
It is easy to identify with those who hate to see a CEO rewarded for failure. Eventually, it is necessary for the few people in a position of responsibility to step up and confront the beast. It is time to expect better from Elite management, including and especially the board of directors.
Occam's razor: the simplest solution is most likely the right one.
Hanlon's razor: never attribute to malice that which is adequately explained by stupidity.
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