See more about Steve’s books here
Read more Forbes articles by Steve here
Over 25 years, MSV-focused firms often underperformed and faced market discipline, while customer-obsessed firms like Amazon, Apple Google ASML & TSMC compounded value.
In the bigger historical picture, the last half-century’s preoccupation with maximizing shareholder value was a transitory self-interested aberration from common sense, not an immutable truth
