Tesco Shares

I have been looking at the business news and the other day Tesco lost 5 billion pounds off their shares, just because they announced that the lead up to Christmas was not as good as they would have liked, now is it just me or is that a bit extreme, also this money is virtual, it does not exist except on some bankers screens, and to add to the misery a top executive sold £200,000 worth of his shares a week before, did he or did he not know about the profits warning, come on either he did know or they should sack him for not knowing what is going on in the company. So this guy controls every store in the UK, and he does not know what is going on, sounds like a typical executive actually, I have a theory the higher the corporate ladder one climbs the lower the IQ becomes.

I believe these people should be tested every month to check they know what is going on around them. Also to check their brain is still working generally. No wonder this country is going downhill, with the stupid decisions made by MPs and the idiots in charge of our largest companies, it’s time for a change, these people should either get on the ball or get out of the game there are plenty of people able and willing to run companies who would not make such blatant mistakes.

Definition of Idiot – Intelligence deficit inhibiting original thought