Word: overpaid
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This measured, strategic-stake approach may help Chinese firms avoid the disaster that befell many Japanese companies when they went on their own foreign spending spree in the late 1980s. The Japanese not only met considerable public opposition in the U.S., but in several instances, vastly overpaid for glamorous properties such as the Pebble Beach golf course. "I don't expect China to go in for trophy properties," says JPMorgan's Ulrich. "They know the lesson of the Japanese debacle." That said, she concedes, the odds are that Chinese companies will make mistakes of their own, given the sheer volume...
...hand. One wonders if the incredible frenzy over the iPhone signals a sea change in Apple's brand identity. The iPod was the accessory of the hip cognoscenti. Will the pricey, sought-after iPhone become a mere status symbol, the kind of thing that marks you as an overpaid Wall Street jerkwad...
...Michael Jordan and the enormously successful Air Jordan line of footwear. When the company announced that it had signed a multiyear, multimillion-dollar deal with Woods, the reaction was swift--Nike stock fell 5%. Says Bob Wood, one of the officials in that room: "They thought we had overpaid...
...were fractious and overpaid. Our mornings lacked promise. Most of us liked most everyone, a few of us hated specific individuals, one or two people loved everyone and everything. Those who loved everyone were unanimously reviled.' --PAGE 3 OF then we came to the end BY JOSHUA FERRIS
...worship overpaid movie stars like Angelina Jolie...