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Well it's the way GE was run and look what happened to them. Caring only about your share price is a great way to ruin a company. The share price should be the result of a well run business not the true north of the company. By making the metric into the goal it totally defeats the purpose of the metric.


So basically Goodhart's law in action then?

https://en.wikipedia.org/wiki/Goodhart%27s_law




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