InterDigital Inc (IDCC)

[The Count]

The cause of excess officer compensation (sigh)

This attitude is a big reason why compensation has spiraled up to levels that defy economic reason...
If management keeps giving me these rates of returns for the next 3 years, I don't care how much compensation management gives themselves. I am a happy investor.

If your house doubles or triples in price and you get to keep a half million of profit tax free, will you care what the real estate agent charges?

If you get a huge tax refund, will you care what the accountant charges?

If you have a great meal, do you care what the restaurant charges?

If you sell IDCC as a 10 bagger, will you care what the broker charges or if they execute the sale at a price below the low of the day?

Recognizing good work and being generous in compensation is something I believe in. Giving anyone a blank check is insanity.

Unless IDCC's management accomplished so much more with the company then almost anyone else could have, it is foolish to reward them lavishly and without limit. Yes, I'm a greedy SOB - I want to control when and to whom I give away my money, whether or not it is out of profits.

This is not a jab at the poster who made the comment - it is a fairly widely held view, especially by folks who get paid on a percentage or commission basis. It just happens to be my pet peeve.