A Quote by Warren Buffett
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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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.
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.
I also often hear people say that the deck is stacked against them because of racism, sexism, or other oppressive 'isms.' But once you let go of the blame and excuses, you'll see that you can alter your position on your own.
Compensation needs to be predominately performance-driven. If CEO compensation was performance-driven, which I believe it was in IBM's case, nobody would ever argue. If the shareholders didn't make billions and billions of dollars, I wouldn't make millions of dollars.
The deck is stacked against Obama.
The relationship between executive CEO pay, stock performance is tenuous and not easily unscrambled, just one of myriad factors that affect the price of a stock.
But history shows that when courts intervene because a president is trying to shield his own conduct, the deck is stacked against him.
When you're playing against a stacked deck, compete even harder. Show the world how much you'll fight for the winners circle. If you do, someday the cellophane will crackle off a fresh pack, one that belongs to you, and the cards will be stacked in your favor.
If the cards are stacked against you, reshuffle the deck.
When you're born into a showbiz family, the deck is stacked against you.
The deck has always been stacked against me.
The unions claim the deck is stacked against them when it comes to labor laws, but the truth is many private and public sector workers are forced to pay union dues as a condition of their employment, yet they have little say in how the unions spend their money.
When you're playing against a stacked deck, compete even harder.
How you frame a debate is very important. When you call someone an 'illegal alien,' you've already stacked the deck against them.
Because we weren't having success finding a CEO, our investors insisted that we hire these managers a temporary CEO and CFO. That didn't go great.
As conservatives, we know the media is stacked against us. We know popular culture is often stacked against us. We know the narrative has been written without our voice despite our best efforts.
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