9.21.2015

Fiorina or Trump?

A good discussion of the two here: IN CHARACTER | Gin and Tacos:

A good one on Fiorina from the comments:
My favorite Fiorina-related metric is what happened to HP stock on the day she was fired. HP as a company was exactly the same after she was tossed as it was beforehand, except the name in the CEO box on the organization chart changed. This change sent the stock price soaring, to the point where the company’s market cap ended the day something like three billion dollars higher than it was when the day began. 
That’s right: the market carefully weighed Fiorina’s value as a corporate asset and determined that she and everything she brought to the table was worth negative $3 billion. I can’t think of any other example of someone’s fundamental worthlessness being established so clearly and so precisely by the almighty free market.

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