“We're short Caterpillar… the stock's at 40 times… it's hard to see how that's six or eight years… probably more like three or four years”
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Said on Monetary Matters with Jack Farley
Profiles in Risk · Jose Cruz, President at CS9 Consulting - PIR Ep. 868
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Increased performance review frequency from four times a year to eight (every six weeks) to keep agents under a data-driven microscope
4 to 8 reviews per year; every six weeks
“We're short Caterpillar… the stock's at 40 times… it's hard to see how that's six or eight years… probably more like three or four years”
“They review it every 13 weeks... if you didn't sell to expectation, you get another 13 weeks, ... half a year, six months, I think is the earliest”
“You have to invest in that inventory up front... six to eight week lead time... could be 12 or 14 months... financing inventory for six to eight, nine months before it starts coming back”
“Daily-ish is probably four times a week… when things are going well could be six times a week… it’s more sustainable and isn’t going to throw everything off.”
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