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Let's take USA. Here's a nice quote from Akio Morita (Sony co-founder): "In my view, profit doesn’t have to be so high, because in Japanese companies our shar
by cpubreak 11y ago
Let's take USA.
Here's a nice quote from Akio Morita (Sony co-founder):
"In my view, profit doesn’t have to be so high, because in Japanese companies our shareholders do not clamor for immediate returns; rather they prefer long-term growth and appreciation. Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development."
Can't say the same thing for USA.