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Sosandar Bullshit and Options

Tom Winnifrith
Thursday 18 December 2025
Fat cat directors like to insist that options incentivize them and align their interests with we dirty shareholders. Its tosh. We risk our capital. The fat cats earn fat salaries and if the shares go up they have risk free upside. There is zero evidence that options make fat cats work harder or deliver greater returns. But what if the share price tanks?

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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