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If you don't think customers matter, you're simply a bad investor, and you won't have any upside. (It really is that simple.) This isn't a moral statement, jus
by logicallee 10y ago
If you don't think customers matter, you're simply a bad investor, and you won't have any upside. (It really is that simple.)
This isn't a moral statement, just that you are unlikely to have upside. If you want to benefit schools, go ahead and donate, but becoming a stakeholder in a company that hates its customers and vice versa is unlikely to serve your stated goal, in my opinion.
- logicallee 10y agoI can't believe 3 people downvoted this :) Customers who hate your guts is not a good formula for the medium term. (Long-term, companies can change - customers like Microsoft a lot more these days.)
- Clubber 10y agoYou are absolutely right, but I think there are ways around it that Comcast and friends have figured out. Obviously carving out territories and sticking to your territory is a big one. No competition for what many consider a necessity. Imagine if the electric company did the same thing? What are you going to do? Live without power?
- logicallee 10y agoit's one thing to say they'll probably survive, and another thing to completely actively invest in it. I say actively because it's not like gp poster has it in their portfolio due to some mutual fund, etc. They actively bought it as a long position!