David Herro
David Herro
David Herro is an American businessman and Republican donor...
following herd instead
Managers, instead of following their convictions, are following the crowd. There is a herd instinct.
cultivated instead press
Maurice Saatchi cultivated the press instead of the clients.
brazil continue looks pacific stocks zealand
I continue to think that, as a region, the Pacific Rim looks good. Brazil is still undervalued. Stocks from the U.K. and New Zealand are undervalued.
investment original seven since
The shareholders have done very well since he left. We probably tripled our original investment over seven years.
hard somewhere
You'd be hard-pressed to find that somewhere else.
board vote
We rallied the shareholders to vote out Mr. Saatchi, and then we told the board we were going to vote them out.
appear business care leader running terms toyota whereas
Whereas Toyota is the world leader in autos from an operational perspective, they are still a laggard in terms of running the business for the owners. They do not appear to care about maximizing shareholder value.
best value
We go where there is value, not where everyone else goes. Sometimes the best value is where no one else is at.