Executive Compensation Quotes

• The great irony of executive compensation is, if you pay your employees more, you're gonna create more demand for your goods and services! Which is gonna lead to more executive compensation than if you pay your employees less and try to take all the cream off of the top.

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  Anthony Scaramucci

  Trying   Demand   Pay  

  ""Life Is Unfair": Talking Inequality With The Hedge Fund Industry's Biggest Cheerleader". Interview with Hamilton Nolan, gawker.com. October 5, 2015.

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• Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.

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  Barney Frank

  Country   Decision   Receiving  

  542

• TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.

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  Edward Whitacre, Jr.

  People   Add   Awful  

  "Ed Whitacre: Time for 'Government Motors' to Hit the Road" by Edward Whitacre, Jr., www.wsj.com. September 19, 2012.

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• Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.

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  Warren Buffett

  Lines   Pay   Ceo  

  4124

• Other psychological theories say a good deal about compensation.

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  Allen Tate

  Psychological   Theory   Deals  

  allen tate (1953). “the man of letters in the modern world”

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• A person is a fool to become a writer. His only compensation is absolute freedom.

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  Roald Dahl

  Freedom   Stupid   Daze  

  Roald Dahl (2009). “Boy: Tales of Childhood”, p.166, Penguin

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• Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.

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  Warren Buffett

  Business   Bingo   Gob  

  3106

• I don't like what's going on with the executive compensation.

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  Warren Buffett

  Compensation   Executives   Executive Compensation  

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

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• The compensation of a very early success is a conviction that life is a romantic matter. In the best sense one stays young.

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  F. Scott Fitzgerald

  Success   Romantic Love   Achievement  

  F. Scott Fitzgerald (2010). “A Life in Letters”, p.10, Simon and Schuster

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• For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.

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  Warren Buffett

  Law   Leader   Peers  

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.151, John Wiley & Sons

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