Some of the successful CEOs I’ve ever met can barely talk, let alone read! And we all know many overly-academic types who are well read but haven’t got two farthings to rub together. But apparently it’s the deep academic nature of reflective life that means makes CEOs the success they are today. According to the Times a C.E.O’s library reveals the keys to their success. Funnily enough the “CEO” they focus on is not a CEO but a VC and a former journalist.
Fawning over the luck of the super wealthy and calling it something else other than an accident of birth and opportunity seems to be the NY Times latest fad this month. This one follows a disgustingly crass article about the richest of the rich, which went on and on about Sandy Weil of Citicorp without mentioning one pertinent minor fact that Uwe Reinhardt noticed about him. Despite his fabulous wealth Citicorp shareholders paid some $61,000 to cover his family’s out of pocket health expenditures and paid the tax on top of it. (The NY Times letters page beats up Weil and his ilk pretty well—not that he’d care)
I wonder how many of these libraries contain books about humility? Not many that get referred to when the subject of executive compensation comes up.