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> As an aside: it was interesting when the stock cratered last year to the point where the market cap of the company was lower than its annual revenue -- all th
by traek 8y ago
> As an aside: it was interesting when the stock cratered last year to the point where the market cap of the company was lower than its annual revenue -- all the revenue in the world doesn't make up for negative margins.
Yup, revenue doesn’t really mean anything; Walmart’s market cap is less than their 2017 revenue.
- mcny 8y agoPeople always yell at me when I say this but what if we lower corporate tax rate and tax revenue instead of profits? Does it encourage companies to get even bigger and do everything in house?