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The Essays of Warren Buffet

Mindware

CHAPTER

Stock Options Should Be Structured Properly

Douglas Rushkoff: Managers with limited areas of responsibility should have a sense of payoff in relation to results under their control. He says some managers who might or enormously disagree with you regarding fixed-price options. Rushkoffs: They have built corporate cultures that work, and fixed- price options have been a tool that helps them.

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