You would be surprised by some mistakes made by even the most brilliant CEOs.
"When Tata Motors Ltd. (TTMT) bought Jaguar and Land Rover in 2008 for $2.5 billion from Ford Motor Co. (F), investors greeted the announcement by selling its stock. Those who held on may be sitting on a jackpot. The two British luxury car brands are worth $14 billion, according to the average estimate of three analysts surveyed by Bloomberg News."
http://www.businessweek.com/news/2012-04-17/jaguar-land-rover-ipo-seen-as-jackpot-as-valuation-soars
Sold a division for $2.5B and it's now worth $14B in just 4 years under a different management team. :sneaky:
Goes to show that you can have great products, but if the division is mismanaged, it might not make a difference. It's just as possible that even if AMD didn't sell the mobile division to Qualcomm, it would have been just as grossly mismanaged and destroyed as their GPU and CPU divisions are today. If anything, AMD's management has shown they can't even be successful when they do design a good product. NV's management and CEO are far superior and the CEO has a clear vision that he executes!