[quote=Longtimefan;781828]
Quote:
Originally Posted by skinsguy
Like other business "gurus," Snyder operates the Redskins under the mistaken assumption that success is something that can be bought. As far as I can tell, the Snyder Doctrine is some bizarre concoction of liberal amounts of reactionary decision-making, a strong concentration on the short term, and a heavy supply of poorly structured incentives. His favorite answer to solving complex problems is simply to throw more money at them.
Investors who have been around the block once or twice should start to see a few problems developing here.
To me, Dan Snyder is precisely the type of guy Benjamin Graham had in mind when he said "Wall Street people learn nothing and forget everything."
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Longtimefan:
I would have given huge odds that Ben Graham's name would not have been invoked on this website for the next decade. Glad I didn't offer that prop bet...
BTW, I tend to agree with your final assessment here...