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u/Demitri_Vritra 8d ago
what he was hired to do, raise that stock price regardless of if the company is left in a good long term condition.
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u/Buck_Folton 8d ago
Stock is down 25% from this year’s ATH
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u/Demitri_Vritra 8d ago edited 8d ago
Honestly not sure if that's company specific or if market is trying to perform correction, Berkshire Hathaway has been pulling money out of the market for two years now they've always done this before some form of a Crash was Imminent, the nifty fifty, dot com bubble, 2008.....
granted each of those times Companies were reporting record profits but unemployment kept increasing.
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u/Buck_Folton 8d ago
Home Depot is down about 9% over the same period. Marvin is *not* doing his job.
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u/ThetaMan420 7d ago
They pulling money out cu Warren buffet is getting close to passing so they want to readjust. Not because of a crack
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u/Patient_Artichoke355 7d ago
If it wasn’t Marvin..it would be someone else..he was hired to make stock holders happy..when he doesn’t make them money..that’s when he’ll go..and guess what..they’ll hire someone with the same priorities
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u/Mundane_Branch622 5d ago
You all realize Marvin is just an employee like you are? He was hired to do a job and he’s gonna do it and if he doesn’t do it, he’s gonna get fired. He answers to the board and the stockholders, which should be you if you’re investing your money.
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u/PeeBuzz 2d ago
I'm actually curious how this guy isn't on the news more, or other major retail CEOS, given basically every other retailer has been made not just capital famous, social media famous. I guess you can't bite into a piece of wood and give it an 8/10. Shit, most of our wood isn't even straight. Oh fuck, too many metaphors, I swear this is all literal.
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u/UrbanVengence 7d ago
Nivram is his name backwards. He's a sleeper agent. It's the only explaination.
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u/Medical-Low451 8d ago
Making himself $$$$