Bryan A. Comstock

Contributor

Bryan Compstock has been writing for BJT since its inception and hsi relationship with its sister publication, Aviation International News, extends back to the mid 1980s. A Connecticut native, he now lives in Long Beach, Calif., where he cofounded Jeteffect, a jet sales and acquisition firm that now has four offices nationwide. Comstock, who holds a commercial pilot's license with an instrument rating, regularly participates in triathlons and is an avid skier and fly-fisherman. He says tensions related to multimillion-dollar airplane trades give him fewer sleepless nights than do the challenges faced by his daughter's soccer team, which he has coached since 2006..

 

Quote/Unquote

““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack

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