• @xylogx
    link
    English
    11 year ago

    “ And does that get in the way of your work?

    Well, it’s just, there are two potential reasons that we’re not getting all of the information. One is that they’re all making a lot more money than anybody knows and that they’re willing to tell us. The other is they’re making a lot less money than anybody knows. And they don’t want Wall Street to look under the hood of this thing in any significant way because there’ll be a reckoning that will be quite unpleasant. It’s one of those two. My attitude is, I’d rather work in a version of the business where I know what’s going on. And if I have to take a haircut, to work in that business, and bet on myself more and take less upfront, which I’ve done a lot, then I’ll do that. That could, though, mean, potentially, a drastic reduction in the amount of things that get made. If we tear this thing down to the studs, and find out that the math is funky, it’s going to be quite a transformation. And so my feeling—and I’m operating from a place of real privilege—is the sooner we find out the better, because one way or another, it’s gotta get rebuilt, you might as well start now.”