Reply #61: I don't get your comment [View All]

[AliciaKeyedUp]

And I only know about the Angell book because I read it. (I saw her on one of the morning shows -- probably the Today Show and she intrigued me.) In general, she has some intelligent critiques of the industry, but she played fast and loose with her math and I think that is pretty scary when you are talking about hundreds of millions of dollars.

If you have the book, take a look at the section where she mentions her math. Watch how fast she chops down $800 million to about $100 million -- essentially because that's what she wanted to do.