Bigger isn’t Better

[SASKFARMER3]

Garry Pike is a idiot! Plain and simple farm what you can handle then think About getting bigger! Have good people not shit heads working for you and finally more capital duck give me 43 mill I'll show you how to farm! Oh wait is invest in something else besides a farm!

[sawfly]

don't you just love experts.
pike has been selling, one thing or another as long as i can remember.
and the farm papers lapped it up.

listening to guys like him is what did in
sask. wheat pool.

[lesm]

Does anyone know Pike's background in agriculture, business , economics or is he self-taught? The first time I heard him speak many years ago I certainly didn't agree with his message.

[Guest]

just think how the intelligent people must feel that have been paying this shyster management fees ! i am just anxious to see if FCC has their ass covered like they do when "real farmers" deal with them ?

[TOM4CWB]

Gary Should know better.

And apology would have been appropriate for reasonable people who just hurt many of their fellow farmers and friends.

I hope he learns the common sense that you are responsible for everything you do. Including paying back those hurt by your bad financial judgment.

[oneoff]

Tom makes a very good point.

Corporations are self standing, non-human, "face less" limited liability entities".

But they are run by real people who ordinarily benefit from those corporations. The limited liability part is certainly usually taken advantage of in times of company downturns.

Thats nothing for CEO's and board members to be proud of.


There are only rare instances (Newco for example) where some real attempt is made to go beyond what the law requires to address the suffering of non-secured creditors.

I'll bet nothing extra comes from the personal pocket of this CEO referred to above.

[Mufferaw]

See what happens with One Earth. “We’ve managed to turn the company around. This year we actually are in the black, and we’ll be finishing the year in the black, which is a far cry from previous years,” he said." Works well when you happen to start selling into record cattle prices. See what happens when the livestock market retraces. They at least have the foresight of placing cattle with existing ranchers rather than entirely screwing up the management again.

[sumdumguy]

A lot of equipment is going back.

[hobbyfrmr]

Gary Pike wants to blame others because he is an incompetent shill using their money.

[sumdumguy]

Ultimately, the buck stops at the "big" boss.