In yesterday’s Bloomberg article with an upbeat glass-half-full original title of “The mining industry makes oil giants look great”, we see one of those CEO quotes that truly boggles the mind. Apparently, if this continued for 33 months already, it’s probably considered not so bad in the non-tech world.
… since he took on the role 33 months ago the company’s revenue had slumped by an average of $350 million a month.
Just curious, how does a routine conversation with the board/investors go then? “So, how are you guys doing?” – “Not so bad, focusing on our core competencies, pissing away $350 million a month, just like the last few years” – “Great, keep up the good work then!”