Ocupation: Investor
Life: b. August 30, 1930
Birthday: August 30
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
source: Lawrence A. Cunningham, Warren E. Buffett (2013). “The Essays of Warren Buffett: Lessons for Corporate America (Third Edition)”, p.48, Carolina Academic Press
topic: Fashion, Hands, World, Stock Options, Corporate World