Nicolaus_Copernicus
Self imposed break
- Joined
- Dec 31, 2017
- Messages
- 6,496
- Reaction score
- 9,176
McCabe was well on the way to great wealth by then to be fair. I do however love the claim that business circumstances at the time made him"lucky" (not your quote obviously). The idea that property bust and boom was something new in the angelic world of old style banking is a myth. They were just as greedy but settled for smaller amounts at that time and didn't realise shareholders would sit meekly back while directors made huge increases to remuneration packages.
Clever people take advantage of such financial circumstances. Nothing to do with luck. In all my career the only "lucky" person success wise I ever met was a man who was promoted in order to get rid of someone else. Everyone else I've known has done it through simple hard work and taking good ideas to banks. You know, those people who caused a world wide financial crash.
Same with bad luck, appointing Turry and Red Wine Robbo wasn't bad luck, they were bad decisions. Them being wrong doesn't make the club unlucky.
You should write a book, ST. I'd read it.