If you make the wrong bet, what happens to your money? No doubt, you lose it.
Whether it's on a sports team or the stock market, you are likely responsible for your own decisions, right or wrong.
If someone else makes a bet knowing that no matter how badly the deal goes down, they can't really lose because they'll still get paid and still have a job, what is to keep them from repeating bad bets? What's to keep them from acting like scoundrels who only care about their own bonuses and who pass the risk on to others?
We should stop rewarding scoundrels by not paying them.
And, when they repeat their scoundrel behavior after warnings not to, it's time to help them out of the organization.
What do you think?
-- Douglas Brent Smith
Whether it's on a sports team or the stock market, you are likely responsible for your own decisions, right or wrong.
If someone else makes a bet knowing that no matter how badly the deal goes down, they can't really lose because they'll still get paid and still have a job, what is to keep them from repeating bad bets? What's to keep them from acting like scoundrels who only care about their own bonuses and who pass the risk on to others?
We should stop rewarding scoundrels by not paying them.
And, when they repeat their scoundrel behavior after warnings not to, it's time to help them out of the organization.
What do you think?
-- Douglas Brent Smith
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