Mr. Width, being older, is more conservative with his approach to investment. He is content with solid returns with no big risks involved while the much younger Mr. Korn is more aggressive, willing to take risks in exchange for higher returns than what McDonalds is presently giving its stockholders. For someone who is already retired like Mr. Width, one cannot take too much risks since he is no longer holding a job and hence there is no other income source except the income gained from stock investing. On the other hand, Mr. Korn is much younger and still currently employed. He therefore has a backup plan just in case his investing style will result into some losses. Mr. Width has developed his own investment style based on some criteria he had crafted and he is also very fond of dividend re-investment plans (DRIPS in industry parlance). In a sense, fight at the club was sort of a power play in miniature because Mr. Width had become threatened with the way the young David Korn challenged his authority by questioning his decisions on which stocks to buy although Korn admits his intentions for the club members were good.
The Golden Years Investment Club is supposed to be a democratic group but in reality it is being run by one person only, Mr. Width. His word at the club is the law, so to speak. No one dared to challenge his opinions, ideas or conclusions regarding the issue of which stocks are good enough to buy based on his selection criteria of 5-year public trading track record, at least gives a return of 10% and the firm must grow its sales revenues by a minimum of 15%. An appropriate theory at this point is the decision-sharing theory in which a leader solves the problem or makes the decision himself after some input from club members. What is needed at the club was behavior modification, specifically changing Mr. Width who has ruled the club with an iron hand and he knows that he is bossy but he is not willing to listen to the others. If we