01-14-14: Knghifi
"Is it possible these companies go bankrupt are too PASSIONATE audiophiles and NOT good businessmen?"
Oh positively in some cases, and there isn't much heritage built into an industry that relies so heavily on innovation. That makes change from a new investor inevitable. Take it a step further - thats where hedge fund firms come in to play - muscle in and make a change...or else!
"What's your alternative Karl?"
LOL - take my salary from my capitalist corporation and buy another brand.
Good post Knghifi and you are right - hope the cliche "they don't make em like they used to" doesn't apply to the ole Thiel brand!
"Is it possible these companies go bankrupt are too PASSIONATE audiophiles and NOT good businessmen?"
Oh positively in some cases, and there isn't much heritage built into an industry that relies so heavily on innovation. That makes change from a new investor inevitable. Take it a step further - thats where hedge fund firms come in to play - muscle in and make a change...or else!
"What's your alternative Karl?"
LOL - take my salary from my capitalist corporation and buy another brand.
Good post Knghifi and you are right - hope the cliche "they don't make em like they used to" doesn't apply to the ole Thiel brand!