[stephc_int13]

The reality is that many CEOs don't really know what they are doing.

The disruption is not following their playbook.

When faced with uncertainty we tend to look at past examples, the industrial revolution, the internet, electrification, etc. I think it is a weak predictor.

We don't know. But I have the feeling that it is going to be worse before it is getting better.

There are huge signs of capital misallocation and public sentiment backlash, the curve ahead seems likely to look a lot more like a roller coaster than a smooth ride.

[spwa4]

CEOs, or at least the ones meant here, didn't create any of these companies. They're all about extracting money, about profit. They're accountants. They often bought themselves into the company, and they want, they even need, a return on investment. They don't have vision. They are investors in the existing business. Vision, changing the company. Doing more, doing better? That is just not what they're doing. Not the game they're playing.

They only fire, or hire, or do anything at all for ONE reason: to increase profits. Nothing else, nothing more.