Kevin Fung
speaker
348 appearances
1 recordings
1 series
first heard May 2021
last heard May 2021
Kevin Fung’s voice in public audio — every appearance, attributed to the second.
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Appearances
And it means that
that person has also really earned their stripes and isn't like some professional CEO that comes in and, you know, is there for a salary or is there for, you know, to bump up his next retirement plan.
Like he, you know, probably loves and really loves working in the business and, you know, wants to see it succeed as well.
And I think having that pool of internal talent is something that the best companies in the world do.
And it goes just back to the whole long-term thinking, the long-term horizon of these people.
The guy that's in there for the contract that's worth X amount of million for that many years doesn't have any stock, doesn't have any ownership.
He's not going to care when his contract is up.
And we want that level of care in the management and the leadership in the businesses that we own.
Yeah, absolutely.
And I think if they're shareholders and if they're truly building something great here, they're going to want to participate, you know, long after they're gone as well, like right from the employment in that sense.
Like, you know, when they're leaving, like, you know, if they're retired and, you know, Disney is still doing well, maybe they've got 500 million subscribers by then.
Like that's something that's, you know, they're going to enjoy all the fruits of the labor, all the hard work that they've put in.
For sure.
I think...
Their biggest competitive advantage is that premium content, the premium storyline, the premium creativity.
With Disney and the whole intangibles thing again, there is no commodity to Disney.
And I think we've seen this sort of play out with DC Comics and their
supposedly attack on Marvel, right?
Like they've tried to replicate this hot superhero theme with their blockbuster movies and it just hasn't really delivered to anywhere near the same level.
And that's because one superhero is not the same as the other and one movie storyline is not the same as the other.
Showing 201–220 of 348 · page 11 of 18
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