Hello Usman there are no business owners that I know of (and you would agree that these are shareholders) that would agree with Mr. Montier. David Larrabee raised this subject earlier in September and there was a lively discussion on the topic that ensued. Without raising all the points made there, I can only state that I think that those managers that do not focus on the maximization of shareholder value should be replaced by their shareholders. And their boards should also follow them to the exit signs. Best wishes Savio