Ken Fisher just published a column on Forbes titled: Portfolio Juice From Hero CEOs. He said that real hero CEOs can materially boost a stock's multiple.
"My father, Philip Fisher, always believed management was the key. Warren Buffett said that when great management meets a lousy business it's the management's reputation that changes (and vice versa). They would both agree: A great management in a great business purchased at a great price is, well, great."
He thinks that CEOs of Ryanair (RYAAY, Financial), Costco (COST, Financial), Papa John's International (PZZA, Financial), Xerox (XRX), and Nucor (NUE, Financial) are real CEOs.
"My father, Philip Fisher, always believed management was the key. Warren Buffett said that when great management meets a lousy business it's the management's reputation that changes (and vice versa). They would both agree: A great management in a great business purchased at a great price is, well, great."
He thinks that CEOs of Ryanair (RYAAY, Financial), Costco (COST, Financial), Papa John's International (PZZA, Financial), Xerox (XRX), and Nucor (NUE, Financial) are real CEOs.
