2 ms·
> Rubbish, the board works for its shareholders who wants ROI on their investment. Sure, but honestly most shareholders would prefer not to take a share of the
by gerbilly 11y ago
> Rubbish, the board works for its shareholders who wants ROI on their investment.
Sure, but honestly most shareholders would prefer not to take a share of the profits. Dividends are so passé.
Today's modern investor wants growth, and the easiest way to get growth, without all the hard work , is to find another investor willing to believe in your portrayal of the value of the stock you hold[1], and to convince them to buy it from you.
[1] https://en.wikipedia.org/wiki/Greater_fool_theory https://en.wikipedia.org/wiki/Greater_fool_theory