Which is something that happens. People miss opportunities to invest all the time. Mayer destroyed Yahoo and raised the stock price high enough that investors were happy. Totally different. All you have to do is look at the stock price from when she took over to when Yahoo got sold. I was a huge fan of her when she first started. I do not respect her now.

Yang also bought into Alibaba and Yahoo! Japan, both of which made Mayer's job of returning shareholder value an autopilot gig that any one of us could have "succeeded" in while collecting $900MM a week in comp. She's just another Emperor without clothes.

And they have Jerry Yang to thank for his foresight in investing in China and Japan.