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logic-commonsense

09/20/23 11:08 AM

#146163 RE: Major Profits #146157

"Might as well say this also, but I don't think he really cares about the share price over at $WNFT either. If he did (instead of, perhaps, "Beating Calasse!") he would have negotiated UPWARDS rather than DOWNWARDS and reached a settlement with Calasse long ago. Instead, the court case drags on and the pps turned to crap. (Well, that's actually a good thing if you want "cheap shares"). Hell, I also think that GS might not even care about the shareholders sometimes"

I totally agree with that statement. GS could've likely cut a reasonable deal early on and ended the WNFT fiasco long ago. But Pride is one of the seven deadly sins and I think it got the better of GS on the Calasse debacle. I happen to think when he made his "Promise Land" tweet, he did have a tentative deal in place (just my opinion) and ended up losing that RM deal due to the extended delay caused by the appeal - which he underestimated. Not sure that he doesn't care about the shareholders since he makes more money than we do on any RM deal; but I think his ego does get in the way of good business sense at times.