How Have the Channels Fared in a Volatile Quarter

Napoleon is a model manager to many; he rewrote the French constitution, revolutionized the country’s education system and motivated his army to win more battles than they lost. But he also had his shortcomings, including kidnapping the Pope and invading Russia (never a good idea). The question is, if he had listened more carefully to others, would he have avoided failure and, if not failure, bad performance?

That’s one of the questions that are the focus of this brief paper: How have the professionals fared against the Napoleonic investors, the do-it-yourself brigade?