Michael Dell: What a Phony, Part II

What a Phony, Part II via Cove Street Capital

Click here for Part I: The Worst Piece of Corporate BS, 2/11/2013

A recent article in the Wall Street Journal penned by Michael Dell is so full of self-serving garbage it is difficult to know where to start. (Click here to go to the op-ed at WSJ.) What is clear in most companies is that the fish rots from the head and Dell’s decade of miscues—led by Michael Dell and his hand-chosen successors— brought it to a position of miserable valuation, investor apathy, and then finally investor activism…not the other way around as Mr. Dell implies.

If a company clearly delineates a course of...