The Most Successful Companies Are Highly Correlated With Timing

Most successful companies are highly correlated with timing. Are you in a bear market or a bull market? That's the number one correlation between success and failure in business. Number two correlating factor is the market that you're in. So if you're in health care, if you're an i t, if you're in no primary industries, each have their their cyclical time of success and failure. But as a sub industry, the third most correlated indicator of success is the c e o but ironically, it's only about forty per cent correlated. And so then the question is, what makes a really good c e o versus a less good c e o?...