Now, a great management in a great business creates tremendous value. Like Narayana Murthy with Infosys.
A great management in a bad business will lose value. Like Tata Sons with Tata Steel.
A bad management in a great business will lock value. Take, for instance, Vijay Mallya with United Spirits.
A bad management in a bad business will always blow up value. Like Vijay Mallya with Kingfisher Airlines.
-Basant Maheshwari
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