Three Ways To Detect Underperforming CEOs Who Can Spoil Your Portfolio
Jun 17, 2020
President Truman had a desk sign that read “The Buck Stops Here” and when he left office 67 years ago, he told his successor Eisenhower, “The President has to decide. He can’t pass the buck to anybody.”
That message should still be true for CEOs accustomed to passing blame for company failings nowadays — but often they get away with impunity for wrecking good companies.
The Edge has uncovered the 15 worst-performing S&P 500 companies of the last decade, providing insights into CEO actions and some useful tips for investors on how to do your homework to avoid them.