Hacker News Reader

Comment by arcticfox | Hacker News Reader

Exactly, this is a logical move to rebalance his net worth outside of Intel. Otherwise he's got a whole lot of eggs (including his career) in one basket.

View on HN

So he’s the CEO who knows the most intimate details about his company, including what the next few years hold. If as CEO he’s not confident enough to have a whole lot of eggs in the company that HE is running, why would anyone in their right mind want to have a single egg in this company?

I don't follow this logic.

Different investors have different risk appetites.

If in your mind, the CEO sells one share of the company's stock and all of the investors should sell that stock, I think it would be a fantastic time to buy into the stock.

I think holding the minimum amount of stock, as he is doing, is a far cry from selling one share. I understand you can’t buy stuff to live with stock, so he’ll need to sell some, but there’s a big difference between selling some and selling the maximum you’re allowed to at every opportunity.

Correct, if he needed some cash freed up immediately he should cash out shares of an investment fund, not dump shares of the company he's CEO of.

And while the technical issue discussed elsewhere may play a role in people's minds, keep in mind that if it's only the CEO dumping stock he might be cashing out ahead of a #metoo

I think it's very difficult to understand everything happening at every level in such a large company, even for the CEO. Many random things could happen that would cause the stock to drop not directly affected by the CEO.

Also maybe he wants a new home.

Reply on news.ycombinator.com