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… and the subsequent companies went on to be hundreds of times more valuable than Standard Oil alone … Freeze one company and let another group run ahead for d
by gbacon 8y ago
… and the subsequent companies went on to be hundreds of times more valuable than Standard Oil alone …
Freeze one company and let another group run ahead for decades, and it is not surprising at all that after that much time, the companies that benefited from compound growth for that many years will be more valuable.
An important question is whether the subsequent companies went on to be more valuable than Standard Oil would have been. An even more important question is whether consumers were more satisfied with the Baby Oils than they would have been with Ma Oil.