The Nerd Taint Is Even Stronger Than Imagined
by Johnny DebacleLast year, we highlighted the deleterious effect on shareholders’ value of having a nerd as CEO of a publicly traded company. The case we presented was Sharper Image (NYSE: SHRP) and we recommended a buy based on the fact that the company should rise to its nerd-free valuation of $20 per share.
In light of the fact that the company’s stock has now fallen a further 95% from its former levels and the company today filed for bankruptcy, we are updating our models to appropriately reflect the lingering effects that the taint of a nerd leaves on a company. Previously, we believed that this taint would not present a hairy problem and that it was a problem that would easily be excised. In this we were mistaken — the taint of a nerd CEO runs deeper and darker than even we could have anticipated.
Recommendation: We maintain our position that there is an activist shareholder opportunity in finding companies whose CEOs are avid LARPers or who live in an exact replica of the Borg’s ship. We effectively tweaked our model such that the previous implied taint lag is 40% longer and we have great confidence in using it to invest your money.
Related Reseach:- Investment Strategies in a World Where Time Travel is Possible
- How to Improve the Value of AT&T (T)
- Playboy Playmate PMs: Boobies are a zero downside asset class
- Sharper Image: Nerd CEOs Destroy Shareholder Value
- How to Increase the Value of Microsoft (MSFT)
This post is disturbing 🙂
your banner ads are gone. what does this mean for my dividend?
When did they go? Is nothing showing up at all? I’m still seeing them…
Ads are still there. And THANK GOD! I am counting on next quarter’s dividend to buy this bitchin War Hammer for the next LARPer convention.
http://www.larp-store.com/Merchant2/merchant.mvc?Screen=PROD&Product_Code=FD-A0606-1&Category_Code=ETH-FD-HFT
Meglatonk Rules Your FACE!
I think the reason the Nerd taint is long-lasting is due to their lack of the Full Extension. If nerds would properly know how to drink their Mike’s Hard Lemonade then the taint lag would be shorter.
Nerd taint. Now the problem with the Fed is suddenly clear to me.
Now now, let’s not confuse Nerd Taint, with Randian Taint.
Randian taint? T’ain’t Randian. Randian would be no Fed t’all, no?
Juggles, do you guys have a proprietary screen for Nerd executives that we can get on Bloomberg, etc? Methinks you need to monetize your research