Brian Gibson Quotes
[Keeping CEOs from making dumb decisions has won fans among Canada's biggest money managers.] In the majority of cases, you would have been better off as a shareholder if the companies had paid out extra money to you, rather than reinvested it. Most management teams are not good at capital allocation, ... Look at BCE [Inc.]. Instead of buying all those businesses they then had to write off, it would have been better just to pay out the money. 
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Keeping | Ceos | Making | Dumb | Decisions |
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I think it just allows additional flexibility for the commission to ensure all legitimate inquiries are handled appropriately. And just a timing issue should not necessarily throw it out.
- Brian Gibson
