Comments on: The Bonus Canard in Financials http://alephblog.com/2009/04/04/the-bonus-canard-in-financials/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sun, 12 Feb 2012 22:02:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jan Rogozinskihttp://alephblog.com/2009/04/04/the-bonus-canard-in-financials/comment-page-1/#comment-21445 Jan Rogozinski Thu, 09 Apr 2009 02:16:23 +0000 http://alephblog.com/?p=1585#comment-21445 After watching the games, I came to the conclusion years ago that corporate life truly is stochastic. Folk get promoted and other folk get fired every day. But no one is ever fired because they failed and did a lousy, lazy job and no one ever is promoted because they succeeded at a difficult job. I.e., there is no connection of any kind (and certain not a cause and effect connection) between performance and promotion or demotion. Everything I have read about bonuses during the current Great Depression confirms the truth of my insight. After watching the games, I came to the conclusion years ago that corporate life truly is stochastic. Folk get promoted and other folk get fired every day. But no one is ever fired because they failed and did a lousy, lazy job and no one ever is promoted because they succeeded at a difficult job. I.e., there is no connection of any kind (and certain not a cause and effect connection) between performance and promotion or demotion.

Everything I have read about bonuses during the current Great Depression confirms the truth of my insight.

]]> By: Anonymoushttp://alephblog.com/2009/04/04/the-bonus-canard-in-financials/comment-page-1/#comment-21395 Anonymous Sat, 04 Apr 2009 10:16:11 +0000 http://alephblog.com/?p=1585#comment-21395 <strong>Mom Blogs - Blogs for Moms...</strong> ... Mom Blogs – Blogs for Moms…

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