The practice of reporting time-weighted returns does little to encourage savings. Dollar-weighted returns measure the effects of savings. Wealth is mostly earned with savings, and not losing them.
Target CEO Brian Cornell earned $9.9 million in 2024, down 87% from when his compensation peaked at $77.5 million in 2020. His 2024 pay was down 45% from the year before and was his lowest since 2016.
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