HBR names Bezos the best performing CEO on the planet

[fjtorres]

Originally Posted by pghaworth

I love that he doesn't have an MBA and instead has an engineering degree.

Could be why he does what's right for the company instead of what's good for Wall Street speculators.

[DuckieTigger]

Originally Posted by fjtorres

Could be why he does what's right for the company instead of what's good for Wall Street speculators.

Well, it is kind of smart not to rely on a huge nest egg in cash, and instead own a wide variety of previously independent companies or creating them yourself.

[pghaworth]

Originally Posted by fjtorres

Could be why he does what's right for the company instead of what's good for Wall Street speculators.

As explained later in the article (I hadn't yet read that), an engineering degree is a different type education and trains you to think differently than an MBA does. I studied engineering initially and architecture later, taking a degree in neither but enjoying both because of the thought processes involved.

[fjtorres]

Originally Posted by DuckieTigger

Well, it is kind of smart not to rely on a huge nest egg in cash, and instead own a wide variety of previously independent companies or creating them yourself.

Especially when effective interest rates are near zero and banks will happily fund you with their money. He's pretty much playing with the house's money.

[pghaworth]

Originally Posted by DuckieTigger

Well, it is kind of smart not to rely on a huge nest egg in cash, and instead own a wide variety of previously independent companies or creating them yourself.

I was rather impressed by his base salary - 81K a year. Miniscule by normal CEO standards. He does end up with about 1.7 mil annually "(most of which consists of company-provided security)."

[pghaworth]

Originally Posted by fjtorres

He's pretty much playing with the house's money.

Nothing dumb about that.