Posted on 12/20/2024 5:17:54 PM PST by anthropocene_x
So much of the world is making this mistake right now. Gotta look at the metrics. Did you make your numbers? This week? This month? Your bonus depends on your performance last quarter.
I don't know, but I suspect that at Elon Musk's many businesses, he has the sense to look at the big picture and engage in long-term planning. Successful people do that.
Happens all of the time. They conquer the mountain and then the executives piss it away living large.
One source of “short term thinking” at Intel was save money by large numbers of H1Bs.
https://x.com/USTechWorkers/status/1819136363692020091
Intel is all punjab
The problem isn’t that it fell behind Nvidia, the problem is that it fell behind TSMC and let AMD catch up with it, providing an equivalent product at a cheaper price.
diversity has consequences
How many Chinese industrial spies have they employ over the decades?
“an Intel spokesperson said, “We are executing with rigor on our plan to rebuild product and process leadership and improve our profitability. The work we are doing to strengthen our product portfolio, combined with our disciplined focus on driving returns on our foundry investments, supports our long-term strategy to deliver sustainable financial performance and unlock shareholder value.””
that kind of language right there is an exact indication of the problem: the ascendancy of C-suite buzzword-speak over common sense, nuts and bolts execution ...
When the company goes bankrupt we can deport these parasites.
In my stock trading career of over 20 years, it has never been wrong to buy INTC.
That may not be the case right now. But I would bet that the longer term investor would be nibbling at INTC and it might take a year or two, but INTC will be back at 30+ And/or one could probably sell 19-struck puts over and over.
Yeah that kind of corporate word salad drives me crazy. You know that was written by committee.
Qualcomm might take exception to that.
Since it would be better to have this company here and successful, what steps to take to turn their fortunes around and make them again an industry leader and innovator within our own borders?
.
FIRE THE BEAN COUNTERS!
The article says INTC has lost 80% of it’s market cap in the past 24 years.
Intel was one of the first to embrace DEI way before it was called that.
I got pulled into a meeting in 2002 mandating the training.
Outsoucing to India and management infighting was where it all started to go bad.
Things started to go bad when Obama became President.
His first task was to assign an HR person from Obama’s staff to make sure only the right people were employed.
I left in 2015 after 27 years.
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