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other peoples money danny devito

barnseyoz · 464.8K views · 2009-05-18 · 4:44

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Overview

The shareholder speech by Larry the Liquidator, played by Danny DeVito, from the film Other People's Money. He argues that a dying company should be liquidated rather than kept alive.

On Hacker News

Quoted in threads about declining companies and shrinking markets as a blunt statement of the case for liquidation.

Discussed on HN; no positive recommendation is recorded in this export · HN mentions 2013–2020

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What people said

olalonde · 2020-12 · Joke / meme

[VIDEO] It's possible that the CI market is just too competitive today and that resources allocated to Travis CI, including developer time, would be better spent elsewhere.

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cs702 · 2020-04 · Reference

This essay is full of wishful expressions, such as "stagnation is a choice", "if we want to", and "we must circumvent", followed by exhortations to "regain the will" -- to do this or that thing for the good of everyone. It all sounds very reasonable, very worthwhile, very moral. As Larry the Liquidator would say, "Amen!"[a] Alas, I think the root of the problem is that companies and people have strong economic/competitive incentives NOT TO INVEST in the kind of expensive, robust (i.e., inefficient/redundant) socially beneficial infrastructure that everyone agrees is necessary but on which the payback is highly uncertain, highly diffuse, or might not be recouped until well after everyone alive today is dead. No amount of exhortation will change rational behavior . (Stronger, harsher mechanisms may be necessary.) -- [a] From the movie "Other People's Money:" When Larry the Liquidator attempts to take over a company, the CEO gives an inspiring speech to shareholders: [LINK] -- to which Larry responds: [VIDEO]

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hprotagonist · 2016-10 · Reference

[VIDEO] >And you know the surest way to go broke? Keep getting an increasing share of a shrinking market.

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Video by barnseyoz, played through YouTube.

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