3 ms·
Long-term viability is a funny thing financially. If a company is worth their discounted future earnings, then a long lasting low number and a quickly dying hig
by 6gvONxR4sf7o 7y ago
Long-term viability is a funny thing financially. If a company is worth their discounted future earnings, then a long lasting low number and a quickly dying high number might be the same. As far as investors are concerned, being a long-term viable business (in the usual sense) might not matter, even with the big-picture view.
- marcosdumay 7y agoAdd into that the unwillingness of public companies to share dividends and we are into some great Wonderland style mathematics.