Monday, July 21, 2014

Business Men or Stock Traders?


                       
The media glorifies many rich business men and women, as business gurus because they happen to have made billions in business. Yet these folks have never really operated a business.
                       
They may have started a business for which they received stock certificates that have become very valuable. But they have never run a business.
                       
The public is duped once they see so much wealth. I find there is a difference.

Yes, some actually have run businesses. Sam Walton who originated Walmart,was one; people who opened up and closed the premises, and who did the hiring and made up the payroll.
                       
If you oversee just the stock price, and merge companies, and buy others, you are a different sort of business person. The public too often makes no distinction, yet hands out the same plaudits. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

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