Thursday, January 26, 2006

 

Motley Fool comments on Waste Management

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By Seth Jayson (TMF Bent)
January 24, 2006

Management humility and honesty may not assure you a winning stock, but rapacious or dishonest management (and let's face it, those last two often go hand in hand) will nearly always cost you. Smart and motivated + greedy and unscrupulous = major troubles. I refer you to the textbook scandals at Enron, WorldCon (oops, I meant WorldCom), HealthSouth, Computer Associates (NYSE: CA), Waste Management (NYSE: WMI), etc. etc., in perpetuity, let us never forget.

Greedy management is a no-go.

Always.