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View Diary: Excessive outsourcing probably added 140% - 260% to Boeing's 787 launch costs (260 comments)

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    I have taken to investing primarily in family-owned companies and foreign companies, as there are very few others where management cares about the long-term interests of the company.  

    It kind of limits my choices and prevents diversification, but "management risk" is the single biggest risk in investing, in my analysis.

    Read pp. 1-7 of Krugman's _The Great Unraveling_ (available from Google Books). NOW.

    by neroden on Mon Feb 07, 2011 at 09:54:56 PM PST

    [ Parent ]

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