2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP550: Masterclass w/ Mohnish Pabrai

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Consolation of a Stock Based Compensation Plan

I really liked the plan that Mark Leonard put in place at Constellation. Everyone's now an owner. So now everyone's going to work a lot harder. And what you basically mainly see is just that existing shareholders are being deluded. Well, it's heads they win and tails, they don't lose,. There's no real skin in the game there.

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