|
|
|
|
|
by xiaosun
1916 days ago
|
|
I know I'm being repetitive of points already made by prior posters, but the logical fallacy of this article is so egregious that I can't help but post it again. The opening paragraph of this article: "From the onset, we have chosen to use one of Wall Street's measures of a better CEO – namely, market cap. In other words, by this measure, CEOs that create the most value are the best CEOs. Sure, there are other measures perhaps more virtuous; but market capital is well-known, generally reliable, and historically trended. So, let’s just roll with it as our measure of “better CEOs” as we have lots to discuss. An objective review of the data leads to the conclusion: top companies are increasingly founded and managed by software engineers." The first 100 words in this paragraph and the "objective conclusion" drawn is all you need to read to know the remaining 7000+ words are completely logically flawed. It's like making the assertion "the best restaurants in the world serve the most meals, so an objective review of the data leads to the conclusion that fast food restaurants have the best chefs." |
|