Customer Quote by John Gutfreund
“Shareholders share in the downside and not necessarily in the upside; that's the whole story.”
About This Quote
Source Speech: 1990, Annual Shareholder Meeting, John Gutfreund
Investors share risks but not always rewards; risk‑reward balance is uneven.
In simple terms: Shareholders bear downside more than upside.
Assess risk versus potential gain.
Themes
Mood
Type
When to use this quote
- stock markets
- venture capital
- private equity
Key Concepts
Questions to Reflect On
- How can investors be better compensated for risk?
- What mechanisms align risk and reward?
Risk may deter needed innovation.