[christophilus]

It's hard to turn a sinking product around. There's a cultural problem, and those are very difficult to solve.

There's a Munger quote that I don't quite remember, but it went something like this: "When good managers are put into a terrible culture, it's the culture that wins."

[johnwheeler]

When a manager with a reputation for brilliance takes on a business with a reputation for poor economics it’s the reputation of the business that remains intact