Originally Posted by
mistaTea
Reading an interesting old book by Thomas Phelps called "100 to 1 in the stock market".
In one chapter he talks about the ego, and a topic he refers to as 'egonomics'. Quite interesting.
At one point he wrote something that hit home very hard given the asolute shambles we see at Sky right now.
He writes: "The corporate egonomist thinks more of making his company bigger than of making it profitable. He spend sthe stock holders' money to make himself loom larger in the industry, rather than to increase the company's earning power".