O'Reilly logo

Snap Judgment: When to Trust Your Instincts, When to Ignore Them, and How to Avoid Making Big Mistakes with Your Money by David E. Adler

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

31. Using CEO Behavior for Investing

Warren Buffett once said, “The best CEOs love operating their companies and don’t prefer going to Business Round Table meetings or playing golf at Augusta National.” Investors should identify companies with this sort of CEO as opposed to ones where the CEOs write a lot of books proclaiming how great they are. Alternatively, investors can short the stock of companies where the CEOs are obviously flawed. The warning signs are the CEOs who are making too many acquisitions, are spending time on the book (and golf) circuit rather than at their desks, and finally are holding way too many options until expiration, indicating they are overconfident to the point of not being prudent with their own finances. Ulrike ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required