159
159
Apr 7, 2015
04/15
by
CNBC
tv
eye 159
favorite 0
quote 0
to me nucor represents the quintessential positive risk reward at work t. risk of the stock going down from big from here which is what i say a sell recommendation seems fanciful to me the regard i think 12 is definitely worth taking a chance on. there is much more "mad money" ahead, including my take on the turn around and truths. stocks cruising again, let me test some waters here. the transports have been hitting the brakes but is this a buying opportunity or a sign of more road blocks ahead and the signs are about to take a dive? how the ceo of restoration can help you better invest in biotech? yeah furniture and biotech. i would stick with cramer. yeah, furniture and biotech. look at me. i am the captain now. how the heck is carnival cruise ccl, a company associated with a string of zaers sunk ship engine room fires, sick passengers, with the stock getting another 52-week high after catching today from wells fargo. they can be benefits from the miraculous turn arounds i have seen which is why we had to investigate and figure out once this company manag
to me nucor represents the quintessential positive risk reward at work t. risk of the stock going down from big from here which is what i say a sell recommendation seems fanciful to me the regard i think 12 is definitely worth taking a chance on. there is much more "mad money" ahead, including my take on the turn around and truths. stocks cruising again, let me test some waters here. the transports have been hitting the brakes but is this a buying opportunity or a sign of more road...
51
51
Apr 22, 2015
04/15
by
CSPAN2
tv
eye 51
favorite 0
quote 0
one man in darlington south carolina educated eight children working for nucor. it had no adverse effect on your pay or your bonus. in addition to that they had a no layoff policy. so i still got the letter ken iverson wrote to all of his employees in the only year of the 1980s when nucor made less money than they did the year before. they never lost money until the financial crash but their profit margin went down. sew sent a letter which said something like this. as you know, the world steel business is in a terrible slump and so our sales went down 20% this year. this is not your fault. you did everything i asked you to do. it is however my fault. i should have been smart enough to figure out how we could be the only company in the world not to have our profits decline. as you know i have a no layoff policy. so everybody's income is going down 20% this year. but since it is my fault, not yours, i will cut my income 60%. it was a big article in fortune or "forbes" of, it was kind of mixed tone, pointing out how he was now light years the lowest paid fortune 500
one man in darlington south carolina educated eight children working for nucor. it had no adverse effect on your pay or your bonus. in addition to that they had a no layoff policy. so i still got the letter ken iverson wrote to all of his employees in the only year of the 1980s when nucor made less money than they did the year before. they never lost money until the financial crash but their profit margin went down. sew sent a letter which said something like this. as you know, the world steel...
90
90
Apr 25, 2015
04/15
by
CSPAN
tv
eye 90
favorite 0
quote 0
he said i do not want short-term investors in nucor. they want somebody to turn a quick profit, they should look somewhere else. we are in it for the long run. it is very interesting to see. he had a very inclusive process. there were only three management layers below him and the employee making the steel. and every employee had the president's phone number and his. you could call him on the phone, but only if you would talk to your supervisor first. the point is, he created a culture of radical inclusion and it works and it is working today. they have the same culture today, except now the education benefit is higher. if you have a spouse who wants to go to college, your spouse is eligible. if you want to go after work you can go. none of it takes a penny away from your wages or your bonus. so i would say that guy is a success. from the time i became president, nucor was the third biggest steel company in america. he did it with a vision, with a plan, with execution, and radical inclusion. and i will give you another example. bill and
he said i do not want short-term investors in nucor. they want somebody to turn a quick profit, they should look somewhere else. we are in it for the long run. it is very interesting to see. he had a very inclusive process. there were only three management layers below him and the employee making the steel. and every employee had the president's phone number and his. you could call him on the phone, but only if you would talk to your supervisor first. the point is, he created a culture of...
70
70
Apr 22, 2015
04/15
by
CSPAN
tv
eye 70
favorite 0
quote 0
in the early 1960's, he founded a company called nucor. it was a steel come any trade his vision was to make steel -- it was a steel company. his vision was to make steel. melting down existing steel and reforming it. the technology was developed so this deal could be rolled into one inch thick rolls and making it much more malleable and suitable for converging into a variety of purposes. that is not the important thing. he decided that if he wanted his company to last through the long run and to be able to adapt, 40% of its success would be routed in his technology. 60% in the people. he adopted the most radical in gala terry and culture of any company of which i'm aware in america. the reason i know this is i recruited the company to arkansas. i'm pretty sure he never voted for me. he was a very conservative republican. he don't want the government to time to do this. first of all, when he had 11 dt steel mills they rented office space. a grand total of 22 people in the central office. 11 steel mills. the workers were paid a salary that
in the early 1960's, he founded a company called nucor. it was a steel come any trade his vision was to make steel -- it was a steel company. his vision was to make steel. melting down existing steel and reforming it. the technology was developed so this deal could be rolled into one inch thick rolls and making it much more malleable and suitable for converging into a variety of purposes. that is not the important thing. he decided that if he wanted his company to last through the long run and...
141
141
Apr 24, 2015
04/15
by
CSPAN
tv
eye 141
favorite 0
quote 0
he said i do not want short-term investors in nucor. they want somebody to turn a quick profit, they should look somewhere else. we are in it for the long run. it is very interesting to see. he had a very inclusive process. there were only three management layers below him and the employee making the steel. and every employee had the president's phone number and his. you could call him on the phone but only if you would talk to your supervisor first. the point is, he created a culture of radical inclusion and it works and it is working today. they have the same culture today, except now the education benefit is higher. if you have a spouse who wants to go to college, your spouse is eligible. if you want to go after work, you can go. none of it takes a penny away from your wages or your bonus. so i would say that guy is a success. from the time i became president, nucor was the third biggest steel company in america. he did it with a vision, with a plan with execution, and radical inclusion. and i will give you another example. bill and
he said i do not want short-term investors in nucor. they want somebody to turn a quick profit, they should look somewhere else. we are in it for the long run. it is very interesting to see. he had a very inclusive process. there were only three management layers below him and the employee making the steel. and every employee had the president's phone number and his. you could call him on the phone but only if you would talk to your supervisor first. the point is, he created a culture of...