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Skin in the Game |
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Skin in the Game A term coined by renowned investor Warren Buffett to refer to the situation in which high-ranking insiders use their own money to buy stock in the company they are running. Notes: The idea behind creating this situation is to ensure that corporations are managed by like-minded individuals who share a stake in the company. Executives can talk all they want, but they have the best vote of confidence when their own personal money is on the line!See also: Insider, Warren Buffett How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Skin in the Game
