PG on Bloomberg: Don't Look at Groupon's Numbers

I found this sort of strange. He mentioned that Andrew Mason is a smart guy, and by definition, smart guys end up figuring out that a bad idea is eventually bad.

But I don't think investors and money money managers know the leaders of their portfolio companies as well as they know the companies themselves.

Would this generally apply to equities investing as well?

He's on now, live, by the way.

Update:

Re: Hipmunk - No money from flight search. The money's in hotel search.

Exciting trends: online rentals (spaces), smartphone/tablet apps.

Show's over.